The ReGeneration Partners team recently took a few of their clients on a high octane adventure at the Bondurant School of High Performance Driving, a 1.6-mile, 15-turn multi-configuration track located…
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Children who are indulged in bloated salaries and do-nothing jobs aren’t being helped and will likely not be happier as a result. And these types of indulgences significantly hurt the business.
Chances are good that a long-lived family business will eventually be led by a sibling team. Despite sharing common values, siblings face real obstacles when cast in the top leadership spot.
"All you need is love," sang the Beatles. But if the Fab Four had been family business owners, the lyric should rightly have been written, "All you need is trust."...
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With the speed of business moving faster than ever, who in your business is minding the future? What can you do TODAY to plan for the future of your family…
“I never thought I would leave the family business.” says the 46 year old unemployed heir of a $20 million Texas based light manufacturing and distribution company. “But when Dad got…
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.”