Handing over the reins to the family business can be hard, especially if you don't know if the next generation is ready. Issie Lapowsky give us some tips on how to get them ready, as originally seen at Inc.com. When you're at your son's soccer game or helping your...read more
The greatest intergenerational transfer of wealth in history will occur in this country over the next decade. An estimated $10 trillion is expected to change hands, and much of his wealth will be managed by the second generation entrepreneurs in the form of stock...
A well-crafted succession plan is a vital tool for businesses today, and not just for those with an imminent transition at the top.
(By Andrea L. Brady and Tony Deutsch for LVB.com) The odds are pretty staggering – only 30 percent of family owned businesses succeed in transitioning their business to the second generation. For those transitioning to a third generation, the odds are even worse –...
(By Alaina Tweddale written for Chase.com) (This is part of The Handover, an original Chase series that aims to help business owners think strategically about succession planning. It is presented by Business Banking.) When Lisa Mazzoni graduated from college in 1997,...
At a certain level of wealth, money makes parenting harder, not easier.
If approximately 70 percent of all businesses are family businesses, and two out of three don't survive to the next generation, what can you do to make sure your business will survive and thrive?
Sons in the Shadow explores the dynamics of family relationships in businesses both large and small about which relatively little has been written.
Preparing the next generation to inherit the family enterprise is the single most important determinant of a successful generational handoff.
Stop rushing into businesses born from half-baked ideas, misguided theories, and other forms of self-delusion.
Much of the advice we’ve been told about achievement is logical, earnest…and downright wrong.
Generation to Generation presents one of the first comprehensive overviews of family business as a specific organizational form.
This book will help HR managers and founders/owners develop a formal process within the company and also provide insights from family firms on how to manage sensitive topics ranging from family member compensation; family member appraisal, etc., and serves as a guide to HR managers struggling to get a "seat at the table" in family firms.