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Entitlement with Kim Eddleston

As a family business grows, the number of people around it will follow. Kim discusses how to be discerning about who we involve, and how we allocate resources.

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The Family Constitution: A Foundation for Family Alignment

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Changing Disagreement into Dialogue: How to Manage Conflicts and Enhance Communication

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From Partners by Chance to Partners by Choice: Building Trust-based Partnerships with Siblings and Cousins

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Your 7-Step Plan for Creating Chaos in Your Family Business

If you have spent your career preparing to take over the family business, it can be frustrating to wait for the senior generation to decide that they are ready to retire.

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Banking Relationships that Make an Impact to your Bottom Line

Family-owned small businesses face lots of challenges. 2K Tool, founded 15 years ago by Heidi Smith and her son Kevin, has navigated a path to growth and success by having a productive partnership with their banker, Old National Bank.

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Leadership Skills that Deliver

Do you know who you really are? You better if you want to be an effective business leader. Self-awareness is crucial to leadership, says Rob Elliott, a partner in Pondera Leadership Consulting. He talked recently with Sheri Welsh for The Welsh Wire podcast, sponsored by the Family Business Alliance.

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The Secret to Effective Family Business Leadership

“You have to know who you are before you can lead effectively, and that’s really the core of it,” says Tom Emigh, Leadership Coach & Principal for Acorn Leadership. “Identity is about the question, who am I?” Emigh talked recently with Sheri Welsh for The Welsh Wire podcast, sponsored by the Family Business Alliance.

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Understand the Complex Dynamics of Successful Decision Making

Navigating the complex dynamics of decision-making can be one of the biggest challenges to family business success.

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New Research Suggests Family Business Profit in Risk Taking

Family businesses perform better in highly competitive environments if they invest in risky activities like mergers and acquisitions, according to new research on risk aversion versus performance in family-owned firms.

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Female Leadership in the Family Business

New research on gender diversity in family businesses shows that women tend to be more upbeat about business performance than men — but that changes if the women are in leadership positions.

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Why Won’t My Parents Retire and Let Me Run the Family Business?

If you have spent your career preparing to take over the family business, it can be frustrating to wait for the senior generation to decide that they are ready to retire.

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Exit Planning Series – Are you Ready to Make an Ownership Transition?

A transition of company ownership, whether internal or external, is a complex process. Before attempting to sell a business, owners should make sure they are ready. This means determining their desired outcome, developing transition thinking, understanding options, and assembling a solid advisory team.

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Three Paths to Growth: Which One Fits Your Company?

Read about the three paths to company growth by Wade Wyant of Red Wagon Advisors. Which path are you on: organic growth, execution plus acquisition, or the unicorn.

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How Servant Leadership Can Ensure the Long-Term Success of the Family-Owned Business

Servant leadership, a philosophy in which the main goal of the leader is to serve, differs drastically from the traditional leadership model where the leader's main focus is the thriving of their company or organization.

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Anatomy of a Deal: Mergers & Acquisitions

U.S. market valuations for middle-market companies are at an all-time high according to GF Data, but the cycle may be at a peak. For business owners considering a sale of their company or a similar transition in ownership, it is a good time to learn about and evaluate options.

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Eight Takeaways from Tax Season for Family Business Owners

The largest tax reform in 30 years means CPAs have to relearn the rules. It’s taking longer to digest the rules and translate them as it applies individually to you and your company.

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Family Businesses are Different

If you own a business with another family member, you know that family businesses are different than other companies. A lot can be said about how, but I'd like to point out one area you may not be aware of.

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Finding Top Talent – When It’s Time to Get Some Help

The struggle to find talent is real. The acute shortage of professional talent is staggering! It might just be time to seek help.

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Succession can be Non-Family Too

Many family businesses believe that succession only involves developing leadership within the next generation. Often this is true. But with the advent of millennials seeking careers outside the family business, many companies are looking for other succession options.

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Family Succession: How to Achieve Equity

Family businesses need to pass along ownership to certain members of the next generation who are most capable of continuing the business. Second, they should also strive to equally divide "all" assets so family members who don't receive business ownership will still feel they are treated fairly.

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Four Steps to Increase Separation Between Work and Family

There are steps family members and coworkers can take in order to create a more advantageous and harmonious work environment.

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Using Outside Directors in Your Family Business

The presence of outside directors in a family-held business adds value and perspective for management.

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3 Ways Your NextGen Can Increase Your Valuation

NextGen leaders have the opportunity to increase the financial value of their company with Revenue Growth, Key Person Risk, and Engage Workforce.

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