Ferguson Alliance Blogs

Our latest thinking to help you prosper in your business

What Family Business Owners can Learn from Toyota’s Succession

By Rob Ferguson | October 31, 2023

What can family business leaders learn from Toyota’s succession? These 3 insights – including the importance of having a business-first family

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Five Tips for Setting up a Family Business Line of Credit

By Tom Anderson | October 23, 2023

Five essential steps for responsibly setting up a business line of credit to best serve your your family business needs.

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Family Business Governance: Differentiating Board, Shareholder, and Council Meetings

By Rob Ferguson | October 17, 2023

The 4 types of regular meetings you need to host to proactively avoid conflicts and misunderstandings with the family and the business.

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How to Retain Talent by Using the Power of Recognition

By Brandi Marek | October 10, 2023

Recognition is absolutely essential for retaining talent and spurring productivity. Here’s how to recognize your people in a meaningful way.

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The One-Page Strategic Plan for Family Businesses

By Rob Ferguson | October 3, 2023

Strategic planning is key to family business longevity and prosperity. But plans don’t have to be long and complicated. Here’s how to fit your strategy on one page.

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What is Family Business Governance? Busting Common Myths.

By Rob Ferguson | September 26, 2023

Good governance can help increase the value of your business, create family harmony, and give you more control, not less! Here’s how…

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The Prosperous Family Business

By Ferguson Alliance | September 19, 2023

What does it mean to have a prosperous family business? What are the barriers to prosperity? Where can you turn for help?

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Delegation in Family Businesses: A Guide for New Leaders

By Brandi Marek | September 12, 2023

Effective delegation not only frees up time for you as the leader but also empowers your team, giving them room to grow, innovate, and showcase their skills. Here’s how to do it well.

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System for Managing: The 5 Phases of Effective Business Management in Family Enterprises.

By Rob Ferguson | September 5, 2023

One of the key ways to set your family business up for success is to implement a reliable system for managing both the strategic and the operational pace of your organization. Here’s how to do that.

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12 Signs it’s Time to Hire a Family Business Advisory Firm

By Ferguson Alliance | August 29, 2023

Family businesses are often entangled in a web of personal relationships and emotions. Here are 12 signs that indicate you may need external guidance and an outside perspective.

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Understanding Business Risks and How to Manage Them: A Guide for Family Businesses

By Tom Anderson | August 22, 2023

Cross-functional risk management is a vital for any organization that wants to achieve its strategic objectives and avoid costly failures.

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3 keys to creating alignment

3 Keys to Creating Alignment in your Family Business

By Rob Ferguson | August 14, 2023

Having a brilliant vision and strategy doesn’t make a difference if you can’t get your leaders and employees to embrace that purpose and vision – and align their actions towards it. Here’s how to do that.

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Prosperity Plan Ebook

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The Prosperity Plan

The process we use to help our clients overcome their challenges and create a prosperous business

  • The first and most important decision you need to make if you want business growth & prosperity

  • The three pillars that make prosperity inevitable and can sustain an infinite legacy

  • How to escape the hamster wheel of "working to hard for too little" and get your business into the "Prosperity Zone"