Family Businesses
Articles
"Case Study: Undoing a Bad Decision" by Fredda H. Brown and Norman Leibovitz.
Nation’s Business, October 1997, p. 73.
—Describes a serious legal conflict related to death and ownership
in a family business and gives expert advice on how to resolve this situation.
"Handling the Non-Tax Issues in Business Succession Planning" by Jon
J. Gallo and David A Hjorth. Estate Planning, January 1998, p.
22.
—Discusses the strengths of the family-owned business and lists 10
rules to help ensure successful succession.
Books
Allred, Russel S. and Allred, Roger C., The Family Business: Power
Tools for Survival, Success and Succession. Berkeley Publishing, 1997.
—Offers customized action plans for small businesses that need to
address privacy concerns, setting priorities and emotional dynamics.
Friedman, Michael and Friedman, Scott, How to Run a Family Business:
How to Own, Operate and Ensure the Continuation of Your Family Business.
Betterway Publications, 1994.
—Gives practical advice on the legal aspects of owning a family business
and passing it on.
Lea, James, Keeping It in the Family: Successful Succession to the
Family Business. John Wiley & Sons, Inc., 1991.
—Guides readers through the succession process of a family-owned
business with emphasis on ownership and management.
Lyon, Amy, The Couple’s Business Guide: How to Start and Grow
a Small Business Together. Berkeley Publishing Company, 1997.
—Shares experiences and profiles of couple-owned businesses addressing
topics such as networking, image, financing, stress relief and hiring
practices.
Internet
Arthur Andersen Center for Family Business. (800) 924-2770.
http://www.arthurandersen.com/CFB
—Offers a 21Ú2 day workshop entitled "Managing Succession
without Conflict" that addresses business, tax, psychological and emotional
issues.
Family Firm Institute.
http://ffi.org
—Provides a vast network of educational resources to assist family
business owners and employees successfully navigate the changing terrain
of family-owned businesses.
Netmarquee Family Business Netcenter.
http://nmq.com
—Educates and communicates with executives of family-owned businesses
with articles, research papers, business publications and university offerings.
Magazines
Family Business Magazine. Family Business Publishing Company.
(800) 637-4464.
pnfambus@fambus.com
—Analyzes the issues that affect family-owned businesses the most:
succession planning, wealth preservation, estate and tax planning, and
human dynamics.
Organizations
The following centers provide workshops, checklists, videos and workbooks to help run family-owned businesses.
Austin Family Business Program. Oregon State University, 201 Bexell
Hall, College of Business, Corvallis, OR 97331-2603. (800) 859-7609.
familybus@bus.orst.edu
Family Business Center. Division of Continuing Education, 608 Goodell Building, University of Massachusetts, Box 33260, Amherst, MA 01003-3260. (413) 545-1537.
University of San Diego Family Business Institute. 5998 Alcala
Park, San Diego, CA 92110. (619) 260-4231.
http://www.acusd.edu/~kunkel/fbi/