Family Business Institute
Falls Of Neuse - Raleigh:
PLANNING AHEAD: A roadmap for transitioning a family business
It is not easy to transfer a small business to the next generation or, for that matter, to another corporation or entity. While parents might want to believe their children will follow in their footsteps, that often does not happen. Taxes matter in a
How to Keep a Family Business Alive for Generations
Five steps that will keep a family business alive—and entrepreneurial—for generations.
6 Questions Your Business Plan Must Answer
If your product's unique aspects aren't defensible against a competitor's copy, it's time to fold your tent and go home.
7 Tips for an Effective Business Plan
When it comes to starting a business, it all begins with a plan. And that plan can’t stay in your head, it must be written down. Not only does a well-crafted business plan guide your venture, it al…
COLLITON: How to transition a family business
As a family business owner you might want to pass on your business to the next generation or, at least, if your daughter or son is not interested, then to sell it for a handsome price to a willing, motivated and competent buyer.
Embracing Conflict Helps Family Businesses Find More Success
Conflict can actually be an asset to companies when it’s effectively managed and properly resolved. This is according to study findings from EY and Kennesaw State University (KSU) compiled in a new report, Can embracing conflict spur positive change?
First Steps: Writing the Management Section of Your Business Plan
This quick guide offers tips that will help you create the management section for your business plan.
The Navy SEAL's 10-Step Approach for Creating the Ultimate Business Plan
Similar to mission planning in special operations, there are myriad unknown factors that entrepreneurs must consider before they unleash a new product or service.
How Do I Build a Business Plan? (Infographic)
Take a look at this infographic for tips on how to write a great business plan.
How to Make Your Family Business Transition Smooth
For the transfer of business ownership and control from parent to child to be deemed successful, a myriad of issues must be considered. Below are a few variables to consider. Treating Children Equally vs. Fairly
Why a Family Business Founder is So Hard to Replace
When the founder of a family business steps down, it leaves a big hole to fill. Companies can address the gap by doing a few important things.
10 Surprising Things Every Business Plan Should Include
Writing a business plan? Don't forget these 10 often-overlooked, but essential components.
How To Implement New Technology in a Family Business Generational Transition
Family business generational transition, where one generation passes the reins down to the next, often causes some tension and a bit of chaos.
The Top 3 Trends In Business Planning
The foundation for effective business planning comprises destination/purpose, information access, and integration. What are the trends with these categories?
How AI and machine learning are transforming business planning
The next step for business planning revolves around two key areas—advancements in AI and machine learning, and increased automation. Find out why.
How to Develop Business Planning Understanding
Planning refers to the process of deciding in advance the objectives that are to be achieved during a given period,…
