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You Inherited the Family Business… Now What? : Under30CEO

You Inherited the Family Business… Now What? : Under30CEO | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
The baton is passed; the papers are signed; the nameplate on the door has been changed. The family business is now your business, and what you do with it over the next few months will help chart its course for generations ...
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Topics around key issues affecting family controlled businesses.
"Keeping business and family in harmony"
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Own a business? Three ideas to help you retire on your own terms

Own a business? Three ideas to help you retire on your own terms | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
If you’re like most small business owners, a significant portion of your retirement capital is tied up in a single asset: your business.
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Murdoch's lessons for family businesses - Business Spectator

Murdoch's lessons for family businesses - Business Spectator | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Rupert Murdoch's succession plans offer some lessons for Australian family businesses.
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A Shareholders Agreement. For A Family Business?

A Shareholders Agreement. For A Family Business? | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
A Shareholders Agreement. For A Family Business?
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Dads Who Give Their Kids the Family Business, Even When It's a Huge Business - TheStreet.com

Dads Who Give Their Kids the Family Business, Even When It's a Huge Business - TheStreet.com | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
For dads in the business world, trusting their children has meant a lot more than just tossing them the keys to the family car.
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Even after selling a family business, succession planning is necessary - Crain's Detroit Business (blog)

Even after selling a family business, succession planning is necessary - Crain's Detroit Business (blog) | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
It is often said that “a family business needs to reinvent itself in every generation.” The new generation comes with different skills and perspectives, and the world around the business has changed.
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Creating An Internal Market For Shares In The Family Business

Creating An Internal Market For Shares In The Family Business | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Creating An Internal Market For Shares In The Family Business
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Family jam-making business to double workforce

Family jam-making business to double workforce | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Folláin Traditional Irish Preserves to invest €2 million in energy efficient plant
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How to run a company with (almost) no rules

How to run a company with (almost) no rules | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
What if your job didn’t control your life? Brazilian CEO Ricardo Semler practices a radical form of corporate democracy, rethinking everything from board meetings to how workers report their vacation days (they don’t have to). It’s a vision that rewards the wisdom of workers, promotes work-life balance — and leads to some deep insight on what work, and life, is really all about. Bonus question: What if schools were like this too?
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David Smorgon warns of Smorgon-like crisis for family business

David Smorgon warns of Smorgon-like crisis for family business | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Australian family businesses worth a combined $3.5 trillion will have to transfer ownership over the next two decades, and David Smorgon fears many will break up as his family’s did due to a lack of conflict resolution tools and succession planning.
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Alessia Antinori On Wine And Preserving A 600 Year-Old Family Business

Alessia Antinori On Wine And Preserving A 600 Year-Old Family Business | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
A family business is a special thing and Alessia Antinori would certainly know about that. As members of the family’s 26th generation, she and her two sisters are tasked with taking the Antinori name forward into a new global world of wine.
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Which Family Members Should Own Stock In Your Company - Forbes

Which Family Members Should Own Stock In Your Company - Forbes | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Having your children own stock in your business is a risky affair. Make sure you follow these rules for success.
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New outlet at Shannon for family business - The Clare Herald

New outlet at Shannon for family business - The Clare Herald | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
A small family home-run business, originally set up as a buy-and-sell website, has taken off and is ready to open a branch in a second Irish airport.
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Family Values At Heart Of Barker & Stonehouse

Family Values At Heart Of Barker & Stonehouse | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Family Values At Heart Of Barker & Stonehouse
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Women in Leadership: Trends and challenges in family business

Women in Leadership: Trends and challenges in family business | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Great insight by @andrewkeyt on Women in Leadership: Trends and challenges in family business http://t.co/qQyCpHKfU1
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Family businesses have the largest numbers of women leaders - Fortune - Fortune

Family businesses have the largest numbers of women leaders - Fortune - Fortune | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Who says nepotism is a bad thing? Family businesses have better-than-average numbers of women leaders—and everyone is benefiting.
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Ten Things To Think About When Employing Family Members

Ten Things To Think About When Employing Family Members | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Ten Things To Think About When Employing Family Members
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Tough Choices for Succession in the Family Business - New York Times

Tough Choices for Succession in the Family Business - New York Times | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
When it’s time for founders to pass the torch, a fallout can occur, leaving adult children feeling slighted. But proactive steps can help ease the transition.
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5 Tips To Better Prepare Your Family For Business

5 Tips To Better Prepare Your Family For Business | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
When you start a new business the entire family is affected and not always in a positive way. Becoming an entrepreneur can be emotionally draining and time consuming. It can turn into a very stressful situation for you and your family.

Via Skip Boykin
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It's A Trap: Selling The Family Business To Your Family Could Cost You - Forbes

It's A Trap: Selling The Family Business To Your Family Could Cost You - Forbes | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
As business cycles go, this is a great time to sell a family-owned business to the family.
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Family Business Transfers Wealth To Next Generation

Family Business Transfers Wealth To Next Generation | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
Family Business Transfers Wealth To Next Generation
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The Crucial Mistake Family Firms Make With Employees

The Crucial Mistake Family Firms Make With Employees | The Challenges and Opportunities Facing Businesses with Family Involvement | Scoop.it
WAYNE RIVERS: Believe it or not, there is one common, virtually universal mistake small- and family- business owners make–and they make it over and over again. They hold on to underperforming or even toxic employees far, far too long.
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