Should family members be in charge of family businesses? We analyzed 175 studies to understand how a family CEO pays off

From Hermes to Smuckers to the fictional Waystar Royco of HBO's "Succession," family businesses often choose their CEOs from the ranks of kin. But is this a good business decision? As researchers who ... Read More

Family-owned business: Careful planning helps family businesses pick new leaders — Table of Experts

Many small, family-owned businesses, historically the backbone of Western New York’s economy, are approaching a generational shift in leadership as baby boomers arrive at retirement age. Read More

Family therapist on family businesses: Policies and preparation are musts

Dennis Jaffe helps family businesses facing friction "sit down and have a conversation, which feels fair and so they can listen to each other. You slow things down." ... Read More

Family businesses ‘prioritise expansion, technology’

Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of family business members, with business development second and the adoption of new ... Read More

Central Florida's top family-owned business boosted local revenue 275% over 2 years

A different local construction firm replaced Roger B. Kennedy Construction atop our list of Central Florida's family- and married couples-owned businesses. Take a look. Read More

'It's a family affair:' challenges of passing on family businesses

Owning a family business is challenging. From real or perceived nepotism, boundary issues, family dynamics, disagreements over how to run the business—it's no wonder most of them don't make it to the ... Read More

Family Business Conference sells out

Family businesses are considered the heart and soul of cities across America. That’s why making sure they stay in business is important. At the downtown Hilton ... Read More

Why family-owned businesses flourish in Oklahoma City

From small shops to large companies, one-third of businesses in the Oklahoma City metropolitan area are family-owned, and more than 4 in 10 employees work at one of them. Read More

Nigeria: '24m Family Businesses Contribute $200bn to National Economy'

Only 30 per cent of family businesses survive beyond their first generation, the Dean of the Lagos Business School, Professor Chris Ogbechie, has disclosed. Read More

West Midlands family businesses launch manifesto aimed at government

Business from across the West Midlands are urging mayoral and local election candidates to back Family Business UK’s first ever manifesto. Taking The Long-Term View which lists “policies to ... Read More

LBS Moves To Save Family Businesses From Collapse

Concerned about the protection of family businesses and the jobs they support, the Lagos Business School has concluded plans to host the inaugural edition of the Family Business Conference which will, ... Read More

Hawaii lawmakers debate estate tax breaks for family businesses

State lawmakers kill a bill that would give wealthy families a break on estate taxes, but keep alive a different estate tax bill that would cut the costs of passing ... Read More