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.
Why Most Family Business Successions Fail (And It’s Not the Next Generation’s Fault)
When a family business succession fails, most people assume the next generation is to blame. “They weren’t ready.” “They weren’t capable.” “They didn’t have what it takes.” While there are certainly situations where the next generation isn’t prepared to lead,…
What Growing Up in Two Family Businesses Taught Me About Succession
Family business is in my blood. My grandfather was Olan Mills, founder of what became the largest studio portrait company in the United States. Long before social media existed, Olan Mills helped families capture and preserve their memories. In many…
Family Business Succession Planning: What Most Families Get Wrong
What The Economist Gets Right About Family Businesses and What Matters Next Recent coverage in The Economist highlights something the business world often overlooks: family businesses are not a niche. They are a dominant force in the global economy. They…
Family Business Conflict: Causes, Warning Signs, and How Consultants Resolve It
Conflict in a family business is rarely just about the issue on the table. A disagreement about compensation may actually be about recognition. A debate over leadership may be tied to old family roles. A stalled succession conversation may reflect…
Family Business Succession Planning: A Consultant’s Framework
Succession planning in a family business is rarely just about choosing who comes next. It is about leadership, identity, readiness, timing, ownership, trust, and the future of the enterprise itself. A transition may look simple from the outside, but inside…
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