<strong>Adapt </strong>| Evolve | Transform: Part 3
Family Business / Family Enterprise / Family Office

Adapt | Evolve | Transform: Part 3

The third issue in this series features articles on how university-based programs and classic business planning tools can assist advisors and their clients in improving the adaptability of their family enterprises. Go here for “Best Advice to a Family Business? Seek Outside Advice,” by Ed Hart Go here for in “Utilizing Business Tools to Assist … Continue reading

Best Advice to a Family Business? Seek Outside Advice!
Family Business / Family Enterprise / Family Office

Best Advice to a Family Business? Seek Outside Advice!

Thoughts on the role of the university-based family business program Adapting to the ever-changing needs of family businesses is a full-time job. While many of the basic needs stay the same, studies have shown that the need for outside knowledge and advisors has never been greater. As the director of a university-based family business center, … Continue reading

Utilizing Business Tools to Assist Family Firms Adapting to Changing Conditions
Family Business / Family Enterprise / Family Office

Utilizing Business Tools to Assist Family Firms Adapting to Changing Conditions

Introduction Advisors understand that family businesses are passed down from generation to generation. While family members work in the business and hold ownership, there may be a perpetual cycle of operating with little planning, creativity, innovation, inspiration, or motivation to help families adapt in changing conditions. While the business may make money, it may be … Continue reading

Tempering the Power of Irrevocability: The influence of consensus in family enterprises
Family Business / Family Enterprise / Trends in Family Enterprise

Tempering the Power of Irrevocability: The influence of consensus in family enterprises

Thanks to Nick Di Loreto and Steve Salley of BanyanGlobal Family Business Advisors for this week’s thought-provoking article on what’s really “irrevocable” when a family enterprise can come to consensus. Tempering the Power of Irrevocability: The influence of consensus in family enterprises There are three social systems in any family enterprise: the family, the business, … Continue reading

Research Applied: <i>FBR</i> Précis for the Practitioner
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

Research Applied: FBR Précis for the Practitioner

The last in this year’s précis of FBR articles. Thanks to all précis authors in 2015 and especially to FBR assistant editor Karen Vinton for organizing this series. Go here for Judy Green’s précis on Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis (Authors: Sarah Drakopoulou Dodd, Bruno Dyck) Go here for Kenneth … Continue reading

Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis

(Authors: Sarah Drakopoulou Dodd, Bruno Dyck) Research Applied précis prepared by Judy Green, President, Family Firm Institute When FBR was first published in 1988, a year which many business historians now consider to be the founding of the family business research field, there were virtually no conceptual models to guide authors, topics, or the general … Continue reading

The Influence of Family Ownership on Long-Lived Asset Write-Offs
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

The Influence of Family Ownership on Long-Lived Asset Write-Offs

(Authors: Giulio Greco, Silvia Ferramosca and Marco Allegrini) Research Applied précis prepared by Kenneth Moores, Moores Family Enterprise and Bond University Evidence continues to mount on the differences between family and nonfamily firms. Differences that manifest in both the resourcing of, and reporting about, their enterprises. Not only do we now know where, why, and … Continue reading