School Rules

All in the Family

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.

Contact Sources

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, aimfored@aol.com

Wisconsin Innovation Service Center, (414) 472-1365, innovate@uwwvax.uww.edu

« Previous 1 2 Page 3
Loading the player ...

Shark Tank's Daymond John on Lessons From His Worst Mistakes

Ads by Google

Share Your Thoughts

Most Shared Stories

1
Want Media Attention? Target Trades First
2
Don't Just Start a Business, Solve A Problem
3
6 Things Mark Cuban Says You Need to Be Great in Business
4
The 80/20 Rule and How to Supercharge Your Sales and Marketing
5
Is It That Important to Be Nice?