Family Business Blog & News Articles
Read the latest news and updates of what’s happening at Family Business USA. Look through the posts below to get the newest details.
Business Continuity Planning
What is Business Continuity Planning? Business continuity planning (BCP) prepares your business to withstand disruptions and unexpected events while ensuring minimal impact on operations. For family businesses, continuity planning is particularly important because the company’s future success is tied to…
Developing the Next Generation of Leaders in Family Business: Preparing for Long-Term Success
Leadership transitions are critical for family-owned businesses to preserve the family legacy and ensure continued business success. Developing the next generation of leaders is not just about training future executives—it’s about nurturing talent, fostering strong values, and preparing family members…
Conflict Management through Family Governance: Strategies for Maintaining Family Harmony in Business
Conflict is an inevitable part of any business, but the stakes are higher for family-owned businesses. Personal relationships, family dynamics, and emotional investment in the business can all lead to disputes that, if unmanaged, can harm both the family and…
What is Succession Planning?
Your Essential Guide to Planning for the Future of Your Family Business Succession planning is a strategic process designed to ensure the smooth transition of leadership and ownership from one generation to the next within a family business. It involves…
Sustainable Financial Planning in Family Businesses: Securing Long-Term Growth and Stability
Sustainable financial planning is a cornerstone of long-term success for family-owned businesses. Unlike other businesses, family businesses often have multi-generational goals, balancing short-term needs with the desire to preserve wealth and secure the future for upcoming generations. Family businesses risk…
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