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.
The Succession Planning Process In Ten Steps
Succession planning is a critical process for organizations to ensure continuity and sustainability. It involves identifying, developing, and preparing potential successors for key leadership positions within the company. By having a clear succession plan, organizations can mitigate risks associated with…
Family Succession Planning
In the realm of family businesses, succession is a pivotal moment that carries immense significance. This transition is not just about passing on responsibilities and roles; it’s about ensuring continued success and harmony within the family structure. As experts in…
Essential Tips for Successful Succession Planning
Transitioning a company to the next generation of leaders can be complicated and challenging. Every family business is unique, and so are its succession requirements. A succession plan can manage family relationships and preserve the business’s vision of the future.Communication…
Communication essential for family meetings
Working in a business is tough. Employees are trying to get ahead, develop their skills, and impress their boss. Most likely they are competing with a co-worker for advancement. At the same time, managers and owners are trying to develop…
How to Fire your Dad with Henry Hutcheson
By Anne Fisher Carl Sutton—Getty Images Dear Annie: I had to laugh when I read Fortune’s recent piece about the awkwardness of having to fire a friend because while I’m sure that’s not easy, it’s a piece of cake compared to…
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