Blog

  • Lessons Learned from Prince’s Estate

    Lessons learned from Prince's estate

    by Jon Samel, HRMM&L – DVFBC Educational Partner The musician Prince died on April 27th without a will. Experts estimate that Prince’s estate is worth at least $300 million. When a person dies without a will...Read More →

  • Regulations Encourage Family Businesses To Complete Their Succession Plans

    by Andrew P. Grau, HRMM&L – DVFBC Educational Partner The time to act is now for implementing family business succession plans. This especially holds true for plans that involve transfers of business ownership interests that are valued...Read More →

  • Taking it Slow

    taking it slow, honoring tradition at J. Q. Dickinson Salt-Works

    Almost 200 years ago, William Dickinson began producing salt at their family farm in Malden, West Virginia. In 2013, 7 generations later, sister and brother team Nancy Bruns and Lewis Payne began J. Q. Dickinson...Read More →

  • Family Business Peer Groups

    family business peer groups

    In addition to our consulting practice and emphasis on educational events, DVFBC also promotes peer learning through our Leadership Labs. These peer groups help accelerate the personal and professional development of family business leaders. They...Read More →

  • Test Driving the
    Family Business

    test driving family business management

    by Jared Byas, Family Business Advisor One of the most important concepts we teach is that management and ownership are different. They have different roles and responsibilities in a company, legally and practically. If you...Read More →

  • What’s Your Legacy?

    What's your legacy at your family business

    by Beth Goshow, Communications Assistant Yesterday we learned about “Ways to Retire While Preserving the Legacy for the Next Generation”. Thought leaders Paula Barrett from RKL and Andy Santana from Fox Rothschild, along with our...Read More →

  • 4 Generations in the Workplace: How Can We All Get Along?

    workplace: 4 generations can get along

    by Laura Chapman, Director, Lacher & Associates, DVFBC Premier Educational Partner How can we successfully manage and engage the multi-generational workforce? One important strategy is to engage the individual. Each of your employees has unique needs and...Read More →

  • The Cause & Calling of the Rising Gen in Family Firms

    rising generation cause & calling

    by Scott Hackman, Partner, Family Business Advisor Part of what I love about my job is that I chair peer groups for Rising Generation Leaders in business families. I see two important motivating factors in...Read More →

  • 3 Lesser Known Principles Required for Effective Family Business Leadership

    effective family business leadership

    by Scott Hackman, Partner, Family Business Advisor Last week I read John Engles’ article on the 12 Markers of High Functioning Leadership. I realized that there are important markers for testing successors and building effective leadership...Read More →

  • What Mountains Will Your Family Business Climb in 2016?

    climb the family business mountains in 2016

    by Sally Derstine, Managing Partner, Family Business Advisor Last month we met with a family who has a very successful business. But, as is all too common, the relationship & communication between the three partners,...Read More →