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 […]
University of British Columbia’s Sauder School of Business Business Family Centre has launched a free self-paced online course for family businesses – available on edX! The Business Families Centre at the University of British Columbia’s Sauder School of Business has launched a new online course for family businesses. Family Business […]
A family business is more likely to strive when there is a cohesiveness family behind it. That “all for one and one for all” mindset will do wonders for your business! Find out how you can build a cohesive family business right here!
Some people say you’re born with it. Others believe you’re taught it. We’re here to say it’s family dynamics that trigger the entrepreneurial spark. Find out how to kindle the fire that is entrepreneurial behavior.
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.
Imagine if there was a potion to success… Identifiable qualities and steps that you could follow to build a 100-year family business. Well, we have just that. Follow the seven qualities here and you’ll be on your way to a sustainable multi-generation business.