Additional Resources

1 – BOOK ORDERS

Book Review of “Love, Power & Money”
John Torinus, CEO of Serigraph, Inc., provides a review and summary of key elements of the book by Dean Fowler with Peg Masterson Edquist

Love, Power & Money: Family Business Between Generations
Use this link to order our new book by mail, fax, or on line.

2 – Family Business Matters

Board of Directors
Consider an advisory board or a legal board to expand your business success.

Career Satisfaction
Often family employees are torn between loyalty to the business and their own career desires.

Compensating Family Members
Learn about the criteria that should be used to establish compensation for family members.

Fairness in Family Business
How should you address the issues of fairness in your family business?

Family Employment
Establish guidelines and performance measures for family members

Mediation of Disputes
Family businesses should consider mediation, before conflict leads to litigation.

Performance Standards

Make sure you have clear performance measures defined for family members.

Second generation: Blessing or Curse
It takes passion, commitment and competency to succeed in the second generation.

Sibling Rivalry
Sibling rivalry takes two forms: psychological and strategic

Strategic Planning for Family Business
Importance differences for planning in family business versus public companies

Successful Habits of Successors
How do you measure up against the seven habits of highly successful successors in family business?

Transfering a Family Business
Family transitions are very complex, and only 30% of family businesses succeed.

2-Articles

American Family Business Survey

In depth survey of trends in family owned businesses.

Blackman Web Site
Great newsletter with lots of general business ideas

Don’t Wait for Dad
A review of the Seven Habits of Successful Successors

Family Business Survey 2008
Price Waterhouse survey of family businesses

Free Personality Temperment Assessment
The Keirsey Sorter is similiar to the more popular Myers Briggs Type Indicator (MBTI)

So You’re in the Family Business…Paul I. Karofsky,Ed.M.
Paul Karofsky, director of the Northeastern University family business center, provides his book on line at no charge. Each chapter is a newsletter like article on a critical topic.

Successful Succession
Drawing on the expertise of Dean Fowler, Quick Books published this article on their web-site.

UMass Family Business Center

Excellent articles and resources from one of the nation’s best university family business centers.

Updside Down Planning
In a CBS magazine, Dean Fowler argues that more attention needs to be paid to successors.

X-Factors – Article in Gardening Centers magazine on family business
Success factors for family businesses

3-Books

Family Firm Institute Articles on Family Business
The Family Firm Institute an international professional organization of consultants providing services to family owned businesses.

Ivan Lansberg
Succeeding Generations: Realizing the Dream of Families in Business. Boston: Harvard Business School Press, 1999

Kelin E. Gersick
(Editor).Davis, J. Hamptom, M, and Lansberg, I. Generation to Generation. Boston: Harvard Business School Press, 1997.

Marshall B. Paisner

Sustaining the Family Business. Reading, MA: Perseus Books, 1999.

The Inheritance Project
Browse publications and booklets focusing on the emotional and social dynamics of inherited wealth.

4-Magazines

Families in Businesss Magazine
European Journal of the Family Business Network

Family Business: The Guide for Building and Managing Family Companies
Family Business Magazine is the only non-academic magazine designed for families-in-business. One of the best features for subscribers is the on-line access to 10 years of past issues in a searchable library.

Wall Street Journal – Entrepreneurial Center
An online source of information for closely-held, family-owned, and entrepreneurial businesses.

5-Seminars

Love, Power and Money: Working effectively with Family Businesses

Presentations to Wells Fargo Private Banking and to Clifton Gunderson Tax Conference – similar seminars availalbe to other interested advisory firms.

Advisors

Delaware Valley Family Business Center
An association of over 90 business families, meets quarterly for educational and interactive programs to help strengthen families and build high-performing businesses.

Legasus Group
The Legasus Group is a family business consulting firm providing innovative products and services to improve the quality of life and economic well-being of families in business. Legasus Group helps families in business build sustaining legacies..