Who Needs a Family Office and Why?
As a family business grows, so do a family’s financial complexities and overall portfolio, permitting family offices to manage their wealth. With business investments, land
Category: Family Business Consultant
When is the Right Time to Seek Family Business Consulting
Many companies will only hire family business consulting as a last resort. Other firms rely on frequent suggestions from these experts before making any decisions.
How to Handle Family Business Conflict
Did you know that the most common kinds of family business conflicts include father-son rivalries, sibling rivalries, and intrafamily friction? If you’re part of a family business, it is
How to Mediate a Family Business Dispute
Family businesses account for roughly 60% of the United States’ Gross Domestic Product (GDP). These enterprises have long been the bread and butter of the economy,
How to Effectively Manage a Family Company
With 50% of small businesses folding after 5 years, you want to do everything you can to build stability. And if you run a family business,
How to Improve Communication in the Workplace
Workplace failures occur for many reasons, but did you know that they’re caused by poor communication 86% of the time? Communication is crucial in business,
How Transfer Ownership Works
Are you looking to transfer your business to a loved one? Studies show that about 90% of businesses in the US are family-owned. With the concept of
6 Tips for Effective Family Business Strategic Management
Running a family business comes with a special set of challenges. The term “family-owned business” tends to conjure an image of a small-scale, locally run
How a Family Business Advisory Board Can Help Your Business Grow
Did you know that 30% of family-owned businesses last until the second generation, and only 12% will make it to the third generation? Considering that family-owned
5 Reasons for Hiring a Family Business Consulting Firm
Did you know that according to one statistic, only 17% of family business owners have been operating for at least 100 years? It’s no secret that
