Keeping employees on the same page is not an easy task. If those employees are family members, the difficulty increases exponentially. There are some 100 university-based family business programs designed to help firms cope with family business issues.
"Our family business program deals with issues beyond estate and succession planning. [For example,] we have an executive breakfast involving family businesses where we bring in experts to discuss a particular problem," says Rich Dino, executive director of the Institute for Developing Entrepreneurial Advantage (IDEA) at the University of Connecticut's School of Business in Storrs.
IDEA's family business program is a membership organization in which firms pay $2,500 annually to attend all program workshops, receive constant information on topics of interest, and have access to advice from the university's faculty members.
Business Advantage Systems & Networks Inc., (812) 234-4567, StierG@aol.com
DePaul University Entrepreneurship Program, Private Enterprise Network, 1 E. Jackson Blvd., Chicago, IL 60604, (312) 362-8471
TeamWork Educational Services, (609) 395-1019, firstname.lastname@example.org
Wisconsin Innovation Service Center, (414) 472-1365, email@example.com