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Web.com Small Business Tip of the Day: Keep It All In the Family
Entrepreneurship, Getting Advanced, Home Page Blog

Family business owners, their family members and shareholders came together at the Family Business Magazine’s Transitions East Conference earlier this year to discuss their experiences with multigenerational family businesses. This year’s theme focused on preparing the generations for success, and panelists shared several approaches for maintaining the family connection such as giving all family members an equal vote, creating a family council and bringing in external expertise to run the family office. They also suggested that no matter what tactics a family business uses, the role of the founding generation is critical in establishing a strong vision and framework for success. Read more…

Are Family Businesses A Guy Thing?
Entrepreneurship, Thursday Bram, Women In Business
Are Family Businesses A Guy Thing?
25 August 2011

I come from a family of entrepreneurs and, sometimes, I notice things. One of the things that I’ve noticed is that when a family member is thinking about a major expansion or handing things off to the next generation, a bunch of conversations take place — more often than not between male family members. In talking to other entrepreneurs, I’ve gotten the impression that I’m seeing more than my own family’s dynamics at play. Read more…

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