The Roman Empire was a powerful force in the world, and its influence is still felt today. The Romans were responsible for many advancements in law, government, and engineering. One…
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Is succession the only hurdle your family business faces? While it’s a critical issue, advisors know there’s more to the story. This article explores three underlying challenges that can make…
In the intricate ballet of family-run businesses, the dance of succession is one filled with complex emotions and high stakes. These businesses stand apart, as they must harmonize the delicate…
Eva Gabor’s “Green Acres” TV sitcom character, Lisa Douglas, may have had it right almost 50 years ago: “Farm living’s not the life for me.” Today, only 15% of the…
We live in a world of conflict overload. Not only is conflict overexposed, but it’s sensationalized and marketed as essential to a “healthy” or “normal” lifestyle. We see conflict in…
Over the years I have received several e-mails questioning the merits of working outside the family business when a job is waiting for them inside it. Here is one such…
The goal is to develop communication skills that allow us to discover a mutually beneficial resolution. Communication skills among family members range from “begging for a fight: lose-lose” to “mutual satisfaction: win-win.” Those families that maintain life-long positive communication develop their skills by rigidly adhering to the following “Nine Habits.”