Could we be undervaluing the ‘soft’ side of family business because it isn’t directly measurable in money? At BFF we often talk with enterprising families who are justifiably confident about the ‘business’ side of ‘family business’ yet feel less sure about the ‘family’ side. It’s a very common phenomenon and […]
An alternative perspective on the critical difference of family businesses Thierry Malleret, Managing Partner of The Monthly Barometer, provoked discussion at a BFF Forum event when he commented on how well family businesses are suited to a world that is VUCA – volatile, uncertain, complex and ambiguous. His argument was […]
What do you want your legacy to be? And how far will you go to enforce your vision of the future? A great strength of many business families is the ability to think long-term, to the next generation and beyond. But like many strengths, there is a danger of overdoing […]
How do you create a friendly and welcoming working environement between the family business and other employees? At BFF we were interested to read the following statement about how, in an ideal world, businesses might think about employees: Concerning employees, purposeful companies recognise there is a reciprocal human contract. Employees […]
With an undeniable entrepreneurial DNA and as founding partner of Vancouver-based Renewal Partners and chairman of Renewal Funds, Joel Solomon knows a thing or two about about investing in a sustainable triple bottom line (people, planet and profit). The Clean Money Revolution, by pioneering investor Joel Solomon, calls for the reinvention of […]
Every year, Business Families Foundation holds its Family Matters Forum, bringing entrepreneurial families from all over the world to share best practices, be inspired by their peers and exchange thought-provoking ideas. All this, in a discussion-oriented, collaborative and open environment. Moving from city to city every year, the 2017 […]
What’s the distinction between ‘being wealth creators’ and ‘being wealthy’? One of the characteristics of enterprising families is a culture of ‘being wealth creators’ rather than just ‘being wealthy’. There is an important distinction between these two ideas. To explain the distinction, think of two families: A and B. Family […]
How to build on the potential of the ‘couple partnership’? At BFF we like the idea that a couple partnership (two people, two siblings, two generations etc.) can generate an unexpectedly large amount of value. To put it another way, it’s possible that 1+1 = 3. To maximise the power […]
Entrepreneurial Families and the Triple Bottom Line Every year, Business Families Foundation brings together some of the greatest entrepreneurial family role models to share solution-driven ideas. This year, we are pleased to host our Family Matters Forum in Vancouver, BC, taking place October 19-21. We will address how to […]
How would you know? Excellence Canada and PwC Canada are pleased to present the Canadian Business Excellence Awards for Private Businesses. The Canadian Business Excellence Awards for Private Businesses celebrates companies that are already doing lots of things right today and are on the path to even greater things tomorrow. […]
Compass for Entrepreneurial Families is an educational program developed by Business Families Foundation to provide business families with a better understanding of fundamental, contemporary concepts.
Need help making important decisions? We’ve spoken to hundreds of families who have lived it. We’ll ask you the tough questions to guide you in finding the right solutions for your family and your business.
Play this interactive game to keep the family glue strong and to address issues around family communication and governance.
Relatable Case Stories
Want to see how it’s done? We’ll provide you with relatable business family scenarios so you can learn how to better handle difficult situations, anticipate common reactions, and avoid unnecessary conflict.
Setting clear communication boundaries in a family business can be complicated and every family is unique in how they decide to balance their work life and their family life.
Family Business Interviews
Searching for advice? We’ve collected hundreds of interviews. Listen to your peers speak about overcoming challenges and learn from their triumphs and failures to set your family and business on track for success.
Listen to David as he shares a personal anecdote regarding the introduction of a family business to the new generation. Introducing the company's history to the new generation can spark passion and loyalty at a young age. This passion is especially important to family businesses who often rely on the next generation as successors of the business.
Advice From Leading Experts
Seeking solutions? Hear from our specialists on best practices and strategies for dealing with common and complex family business issues. Take advantage of the knowledge and expertise they have to offer.
Watch Professor John Davis of Harvard Business School talk about the importance of reinforcing partnering between the junior and senior generations in a family business. In a family business, it is important to familiarize the rising generation with the business early on, so that they can take on responsibilities sooner.
Passionate about family business? Browse our interesting and thought-provoking collection of family business tips, tricks and stats! In reading them, we promise you’ll learn a thing or two about family business.
For some, the notion of working with a husband or wife is a desirable personal and professional scenario. If this partnership works well, husband-wife businesses are spectacular. However, if it does not work out, it can be devastating for the company and the marriage. But what do you need to consider when it comes to setting up a business with your life partner?