Owning and operating a family business is a big part of the American dream. The U.S. Census Bureau reports that 90% of all North American...

Finding a family successor is one of the greatest challenges for family firms but when done correctly, it will deliver value for the...

Chinese family firms are a force for change in China, bringing a renewed interest in family entrepreneurship to the forefront....

A good insight into some of the challenges facing family firms and the family dynamics that promote smooth transfer to the next...

In this article, Morten Bennedsen of INSEAD takes a look at family business longevity, some of the challenges and the need for owners to...

Hiring non-family executives helps ensure longevity, but it requires strategic finesse. In this article, Morten Bennedsen from INSEAD...

The ability to carry on a successful intergenerational transfer of ownership and leadership (succession) is one of the most important...

Plan to succeed by considering both areas of succession as early as possible. Statistics have for many years shown that a depressingly...

There are several ways to provide liquidity to shareholders of privately held family businesses without giving up control of the family...

Making a success of succession is not, by any means, impossible as Marc Farror explains. Like all businesses, family ones have to deal...

The challenge is to do all that’s required to pass the company on to generation two… A most challenging aspect of entrepreneurship has...

When it comes to family business succession planning, one thing is certain: Most family business leaders don’t do it, they don’t do it...

Preparing to pass the business to the next generation is the toughest challenge for a family business. Roberta Fenech shares her...

There are plenty of benefits of having the next generation work outside of the family business for part of their career progression....

What does it take to build a successful multigenerational family business? Many of the world’s most enduring companies are family...

What does it take to build a successful multigenerational family business? Many of the world’s most enduring companies are family...

Trust, communication and identity are values that need to be considered when selecting a successor. Research confirms that only about...

Sustainability is an age-old problem for businesses of all shapes and sizes across the entrepreneurial landscape. Measuring the success...

Succession in terms of business leadership confronts the founder of a family business with a complex set of options as Peter Leach...

Expectations were set but transitions from Baby Boomers to the next gen have not materialised. Dozens of articles came out during the...