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.
Governance Structures and Decision-Making Processes in Family Businesses: Building a Framework for Stability and Success
Family businesses face unique challenges, as personal relationships often overlap with professional responsibilities. Establishing strong governance structures and clear decision-making processes is essential to navigate these complexities. Effective governance helps family businesses create order, foster transparency, reduce conflict, and ensure…
The Role of a Family Business Board: Enhancing Governance and Guiding Growth
A board of directors is a key governance structure for any business, but the role of a family business board is particularly important for family-owned companies. The board acts as a bridge between the family and the business, helping to…
Identifying Leadership Potential in the Next Generation: A Roadmap for Family Business Succession
One of family businesses’ most critical challenges is identifying leadership potential in the next generation. Successfully transitioning leadership to a family member requires more than simply passing down the business—it demands careful evaluation, development, and preparation of future leaders who…
Family Governance Structures for Succession
How to Build a Strong Foundation for Successful Leadership Transitions In a family business, the intertwining of personal relationships and business responsibilities can make succession planning especially challenging. One of the most effective ways to manage this complexity is through…
Crisis Succession Planning: Protecting Your Family Business During Uncertain Times
What is Crisis Succession Planning? Crisis succession planning is preparing for sudden and unexpected changes in leadership due to unforeseen events, such as illness, death, or other emergencies. A sudden loss of leadership can be particularly destabilizing for family businesses,…
As your family business partner, we’re here for you!
Copyright 2024 Family Business USA. All Rights Reserved.