A recent national study was conducted by MacKenzie and Next Gen Collaborative to understand how family businesses are viewed today. The findings revealed key perception gaps that could be affecting brand reputations, workforce attraction, and overall competitiveness.
Only 10% of the world’s top family businesses are led by women, but the numbers are rising.
A buy-sell agreement is a legally binding contract in which the owners of a business set forth the terms and conditions of a future sale or buy back of a departing owner's share of the business. Specifically, buy-sells control when owners can sell their interests, who can buy an owner's interest, and at what price.
Although producing a high-quality product or service that consumers want or need is essential to a successful, sustainable family business model, there’s yet another component that shouldn’t be overlooked: building authentic client relationships.
Dennis T. Jaffe, PhD, Senior Research Fellow at BanyanGlobal Family Business Advisors, acclaimed workshop leader, speaker, and author, shares common traits, actions, and philosophies of family enterprises around the world that are 100 years old or older.
Author Ken McCracken explores economist and philosopher Adam Smith's thinking on self-interest and sympathy and how to apply it to succession planning.
Join a conversation with Rich Ryffel, Professor of Finance Practice at Washington University's Olin Business School and Josh Baron, Co-founder BanyanGlobal, Visiting Lecturer, and Author of “Harvard Business Review: Family Business Handbook”, as they unpack key differentiators surrounding family business leadership and ownership versus that of publicly-traded companies.