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5 Kinds of Ownership Roles in a Family Business

Harvard Business Review

One of the common unspoken tensions in a family business is the reality that different owners — and future owners — don’t all want to be involved in the same way. The author outlines five different types of family business owners, whose involvement ranges from passive to operational.

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Family Business 101: Are You A Business First Family Or A Family First Business? With Rob Ferguson

SME Strategy

Rob Ferguson, a trusted advisor to family businesses, discusses why you should be asking whether you’re a family-first business or a business-first family.

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Does Your Family Business Have a Succession Plan?

Harvard Business Review

After leading his family’s boutique real estate development firm, Rohit Gera had to plan how the business would move forward without him.

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How to Bring an Outside CEO into the Family Business

Harvard Business Review

One of the challenges for a family-owned business is the transition to a non-family member as CEO — a transition most multigenerational businesses eventually face. Onboarding the new CEO is one piece of this challenge.

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How To Lead A Family Business

Eric Jacobson

Julie Charlestein is the author of the book, How To Lead Your Family Business: Excelling Through Unexpected Crises, Choices, and Challenges. Her book features her unique set of strategies for navigating the distinctive challenges and choices facing family businesses.

Manager 57
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How To Lead Your Family Business

Eric Jacobson

Julie Charlestein is the author of the new book, How To Lead Your Family Business: Excelling Through Unexpected Crises, Choices, and Challenges. Her book features her unique set of strategies for navigating the distinctive challenges and choices facing family businesses.

Manager 77
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Your Teens Need Positive Connections To Your Family Business

Chief Executive

Very few enterprising families focus on building an owner’s mindset among their family members. From childhood, intentional steps taken that assist young members to know their extended family, adopt family values and build healthy relationships with money will help set the stage for involvement in the family enterprise.