Category: Research Insight

American business owners are aging. According to the 2021 US Census, nearly 52% of business owners are 55+ and 23% are 65+. This is consistent with the increased proportion of aging Americans in the Read more

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?

When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership into a family office. These offices help business families manage their wealth across Read more

A child’s upbringing within his or her family often sows the seeds of entrepreneurial success later in life. Yet, families today are increasingly fragile, and many entrepreneurs have experienced Read more

In the bustling landscapes of our cities, small businesses play an important economic role. But their impact extends beyond economic activities. In many cities, small businesses are vibrant pillars Read more

Why Prominent Business Families Dive Into Politics

Across the world -- from Italy's Berlusconi, to the US’s Kennedy family, to Chile's Matte -- wealthy business families have not only been part of the economic elite but are also political Read more

The first rule of authenticity is that you never talk about authenticity; let enthusiastic third parties do the talking for you. EDITOR'S NOTE: This article was produced in partnership with Strategic Read more

Managing Emotional Minefields Within Family Businesses

Adam looked at the customer standing at the counter in the wine cellar in disbelief. He couldn’t believe what he was hearing. He found the customer’s comments to be slightly rude. Adam felt anger Read more

A Family's Non-Financial Values Shape Its Sustainability Strategy

Families that focus on renewing their non-financial values in future generations are more likely to have a formal program. EDITOR'S NOTE: This article was produced in partnership with Family Business Read more

Conventional business wisdom holds that innovation comes from smart strategizing inside the company. However, business innovations are often prompted by factors outside of a company. Increasingly, Read more

How to Encourage Devotion Among Nonfamily Employees

Every business strives to recruit and hire the best employees and to retain them over time. Creating and nurturing a workplace environment that contributes to productivity and helps the firm achieve Read more