Over the past few decades, Behavioral Economics (aka Behavioral Finance) has focused on what most psychologists have been studying since...

Family council serves as a crucial forum for fostering communication, unity, and collaboration within a family unit. Its underlying...

As an experienced Family Business Advisor, I understand the unique dynamics, joys, and challenges that come with passing the torch to the...

Family businesses are renowned for their legacy and continuity, often spanning multiple generations. As the torch passes from one generation to the next, the role of non-family CEOs and Non-Executive Directors (NEDs) becomes increasingly vital in preparing the rising generation for leadership roles within the family firm. These seasoned professionals offer mentorship, guidance, and a fresh perspective that can help bridge the transition gap and pave the way for a successful s

Family firms are the backbone of many economies worldwide, contributing significantly to employment and economic growth. However, alongside their successes, they often face unique challenges, one of the most prevalent being conflicts within the family. These conflicts can escalate and jeopardise the business and family relationships if not addressed. Understanding the dynamics of conflict in family firms and implementing effective strategies to manage them is crucial for thei

Family firms, while often characterised by a sense of unity and tradition, are not immune to a series of paradoxes that can shape their...

Family business chairman plays a pivotal role in steering the course of the company, balancing familial ties with corporate responsibilities. Firstly, they must embody strong leadership, guiding the business through strategic decision-making and fostering a cohesive vision. Additionally, effective communication is paramount, as the chairman must bridge the gap between family dynamics and professional obligations, ensuring transparency and understanding. Financial stewardship

Significant changes are on the horizon for IR35, set to take effect on April 6th. This new policy, known as ‘IR35 offset’, aims to...

Family business owners often see their business as “the additional family member at the dining room table.” Preparing a family charter...

As consumer awareness grows around the consequences of their buying choices, the focus has turned towards the ethical conduct of...

A family business charter or code of conduct, can be the key to successful family dynamics and business endeavors. Many families in...

Around the world family-owned enterprises play a pivotal role. Today, family businesses are confronted with a multifaceted agenda that reflects the dynamic nature of the modern world. Two prominent themes that resonate across continents are sustainability and digital transformation. Both topics feature highly on the family business agenda worldwide, emphasising the delicate balance between tradition and innovation. One crucial aspect on the family business agenda is the chall

In the vast landscape of commerce, family businesses stand as living chronicles, each with a unique story waiting to be unveiled. Beyond...

Family Business United is delighted to publish its inaugural report celebrating the role of women and their contribution to family firms...

Imposter syndrome is a psychological phenomenon that affects individuals across various professions and industries. However, its impact...

Family business owners bear the responsibility of inheriting the family firm, navigating present day challenges and trying to safeguard a...

Family businesses offer several advantages that contribute to their resilience and long-term success. One significant benefit is the...

Today, possibly more so than ever before, sustaining the legacy of family businesses requires innovative approaches to involve the next...

Embarking on the journey of planning for a successful year is a significant step for family businesses. With a purposeful mindset and a...

I speak from experience when I say that whilst being born into and raised in and around a family business can undoubtedly be a blessing, it can also present itself as a poison chalice that can shatter the very bonds that were behind its conception. The founders of a family business will undoubtedly share hopes and dreams, have aligned ambition for its future and most likely share common vision that future generations will continue the business beyond their own life journey.