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.
Leadership Succession: Preparing Family Members for Leadership Roles in Family Businesses
Leadership succession is one of the most significant challenges for family businesses. Transitioning leadership from one generation to the next requires more than selecting a family member to take over. It involves identifying potential leaders, equipping them with the needed…
Governance for Multi-Generational Family Businesses: Building Structures for Long-Term Success
Effective governance ensures long-term success and sustainability for multi-generational family businesses. As a business passes from generation to generation, family dynamics can become more complex, and without a strong governance framework, managing business operations and family relationships can become challenging.…
Financial Conflict in Family Businesses: Causes, Consequences, and Resolution Strategies
Financial conflict is one of the most common sources of tension in family businesses. Disagreements over money—whether related to compensation, profit distribution, or investment decisions—can quickly lead to misunderstandings, resentment, and even long-term damage to the family and the business.…
Understanding Conflict in Family Businesses: Causes, Consequences, and Solutions
Conflict is a natural part of any business environment, but the stakes are often higher for family businesses. Personal relationships, family dynamics, and emotional investments can complicate disputes and make them more difficult to resolve. If left unchecked, these conflicts…
Managing Generational Conflict in Family Businesses: Fostering Collaboration Between Generations
Generational conflict is a common challenge in family businesses, especially as new generations take on leadership roles and bring fresh ideas. Differing perspectives on business strategy, risk tolerance, technology, and values can create tension between older and younger family members.…
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