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Resources for Family-Run Businesses

 

Craig Aronoff and John Ward are the authors of Another Kind of Hero: Preparing Successors for Leadership and Family Business Succession: The Final Test of Greatness, both part of the Family Business Leadership series published by Business Owner's Resources (800-551-0633). These slim volumes (each $14.95) are filled with the wisdom of two established experts. Another option from the same series: Making Sibling Teams Work: The Next Generation (also $14.95), which Aronoff and Ward cowrote with Joseph H. Astrachan and Drew S. Mendoza.

Passing the Torch, by Mike Cohn, is a classic succession tome, but, alas, it's currently out of print as Cohn prepares the third edition. While you're waiting, the older versions are worth a trip to your local library. The Cohn Financial Group also produces a bimonthly newsletter, Transitions and Traditions ($30 a year; call 800-422-3883).

NetMarquee's Family Business NetCenter is a great source of one-stop Internet shopping for family business information. You'll find links to many university-based family business programs, plus articles on succession and other related topics.

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    Inc. contributing editor Donna Fenn is the author of Upstarts! How GenY Entrepreneurs are Rocking the World of Business and 8 Ways You Can Profit From Their Success (McGraw-Hill, 2009). Both this blog and the book examine the ways in which GenY is changing the entrepreneurial landscape with new approaches to starting, growing, and managing their companies. Learn more at http://www.upstartsrock.com/.


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