FAMILY BUSINESS
Family businesses are the backbone of economies the world over. They also face unique issues due to the very nature of their ownership.
Check out the latest articles on some of these issues such as succession planning, employing family members, governance structures, marketing the family brand, family values, remuneration and much more besides.
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Family Business - Editor's Pick
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FBU continues to expand and has a growing membership base around the world. Recognised as THE family business champions we have also gained recognition in both of the Top 100 Global Family Business Influencers list compiled by Family Capital. We are also the VOICE of the family business community, celebrating their contribution throughout the UK and beyond.
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Family Business United (‘FBU’) is an unparalleled rallying point and voice for the global family business community and an invaluable source of insight into the sector. FBU is a resource for all, family businesses of all sizes and sectors, and their advisers, helping to raise the profile of the family business sector and to encourage greater awareness of the contribution that family firms make to the global economy through employment, income generation, wealth creation and charitable endeavours.
At FBU, everything we do is about the family business, creating the best resource available to help families in business get access to the resources and support they need to continue their family business journey, wherever it will take them.
Family Business - Editor's Pick
Conflict In Family Businesses: Inevitable Challenge Or Catalyst For Growth?
Conflict within family businesses is often viewed with apprehension, yet it is a ubiquitous aspect of their dynamics. Unlike purely...
At The Cutting Edge Since 1760
William Whiteley & Sons has been around for a long time, since 1760 to be exact. The business officially began during the forefront of...
Five Ways To Prevent Cloud Security Mistakes
After it was revealed almost nine in ten cyber-attacks are caused by human error, experts have named five ways organisations can guard...
Governance As A Key To Building Legacy
Only 40% of family-owned businesses reach the second generation, 13% get to the third, and just 3% are passed down to a fourth generation...
Recognising The Red Flags Of Workplace Mental Health
Organisations have a responsibility towards their staff. The expression mens sana in corpore sano, usually translated as “a healthy mind...
Successful Leaders Make Space For Staff To Challenge Decisions
Leaders should foster a culture of positive, constructive challenge, which can help mitigate risks and improve decision making, according...
The Heart Of Legacy: Philanthropy & Community Engagement In Family Firms
Family businesses around the world are often seen as cornerstones of their communities, contributing not just to the economy but to...
Shirtsleeves To Shirtsleeves In Three Generations...
The adage ‘shirtsleeves to shirtsleeves in three generations’ is often quoted as encapsulating the recurring cycle observed in many...
The Case for The Next Generation Gaining Experience Outside the Family Firm
As family-owned businesses transition through generations, the question of whether the next generation should gain experience outside the...
Maintaining Control Across Generations: The Family Protector
In family-run businesses, keeping control over operations, wealth, and legacy across generations can be challenging. A Family Protector...
The Business Case For Better UK Paternity Laws
It’s no secret that more and more of us are choosing not to have children. The UK birth rate has declined to the lowest levels in over a...
Why Family Business Owners Struggle To Let Go
Running a family business for many business owners is a privilege and something that they take incredibly seriously. Over their time in...
Maximising Social Media For Your Family Business
In today's digital age, social media is an indispensable tool for businesses of all sizes. For family-owned businesses, leveraging these...
Family Firms Need To Prepare For The Silver Tsunami
In recent years, the term 'silver tsunami' has gained traction among demographers, economists, and policymakers. It vividly describes the...
Recognising The Positive Contribution Of Women In Family Businesses
Women play a vital and often underestimated role in family businesses globally, contributing significantly to their success and...
Navigating Cost Pressures As An Owner Managed Business
Owner-managed businesses are facing significant challenges due to cost pressures that are impacting both profitability and...