The Top Benefits of Family Business Consultants & Why You Need One
In today’s world, there’s no reason to go it alone. From our personal lives to professional, there are motivational speakers we turn into for inspiration, therapists we see for guidance, and advisers we turn to for business assistance. Now more than ever, peers across...
The Top 2022 Family and Small Business Trends You Need to Know
As each year comes to an end, family and small business owners come together to review their annual performance. Whether the year has been good or bad, it’s always a time of analytical reflection and exploring innovative ways to grow, and increase profits. No matter...
Preparing for a Family Business Generational Transition? Top Tips for Success
When it comes to family businesses and the success rate of passing them down to younger generations, there are some surprising statistics you should know. For one, the average life span of family businesses is just 24 years. In addition, only about 40% of...
Own a Family Business? The Top Tips for Successful Family Business Succession Plans
It’s a seemingly normal evening for Bryson Hopkins* who has spent the workday at his family-owned contracting business. But that night, everything changed for Hopkins. He receives a call from his sister alerting him of the news that his father, and current CEO, has...
Four of the Top Legal Documents for Business Your Family Needs
Be prepared. In business, a best practice is often to be overprepared when it comes to legal documents for business matters. But, when it comes to legal documents for families and their family-run businesses that mantra is even more important. Because family...
The Top Family Business Advisory Board Benefits You Need to Know
At first, many family businesses operate just fine with a designated boss or leader. But as family businesses expand and grow exponentially, it becomes harder and harder to operate harmoniously and balance both family life and business. In fact, over the years many...