Family business resources

Family endures, business is temporary. The value of your business really shows when it thrives in your absence. Strong management, clear systems, and the right incentives set your company up for lasting success and a smoother path forward.

Focusing on key management and leadership adds lasting value to your business, supports smooth day-to-day operations, and appeals to buyers looking for stability and cohesion.

Most owners worry too much about entity type when it comes to valuation. Focus on financial performance first, then address corporate structure with proper planning and expert guidance.

Long-term business value grows from careful differentiation, consistent reputation, and mature systems—your right to win—built steadily over time.

Recurring revenue is the foundation of business value. In this next installment of our Ownership Series learn how to build predictable cash flow that makes your family business more resilient and attractive to future buyers.

Owning a business is about building value into your asset, not just keeping things running. By understanding and addressing key dependencies—on employees, customers, and suppliers—you reduce risk, build resilience, and create something durable for the next generation.

Growth potential stands with financial performance and other key factors, helping family businesses gauge future opportunity, practical expansion, and ongoing resilience.

I've been writing about resilience, economics, and the movement of money since October 2023.

If you’ve found yourself juggling every part of your business with little breathing room, you’re not alone.

Timely, accurate financials are essential for owners seeking asset value—whether you sell, transition, or simply steward your company across generations.

Family togetherness is woven through daily actions, shared rituals, and habits chosen on purpose. Paul’s four threads—faith in God, togetherness, learning, and flourishing—help shape a legacy your great-great-grandchildren may one day thank you for.

Tuning into and sharing good news—at work, at home, or in your community—brings a steadier outlook and helps build real resilience, even when times are turbulent.

In family businesses, meaningful transformation often starts by accepting what you can’t control, actively seeking fresh ideas, and running experiments based on a clear theory—gradually leading to greater resilience, steady improvement, and a renewed sense of joy at work.

Artificial intelligence is transforming how skilled work gets done—in software development and far beyond—by reducing costs, streamlining teams, and dramatically increasing the speed of innovation and invention.

For business owners facing waves of uncertainty, lasting resilience comes from nurturing spiritual capital—a quiet internal strength created by honest self-awareness, small intentional pauses, and the courage to create margin for the soul, even when the world feels relentlessly heavy.

Negotiation isn’t only for closing deals or cutting prices—it’s woven into every real conversation that shapes a resilient business. In today’s unpredictable world, building trust, listening with intent, and keeping the long game in mind matter more than ever.

Understanding imposed inputs and resilience is essential for navigating today's uncertain business environment.

Iterative feedback and agile methodologies are foundational to achieving optimal outcomes in both software development and business management.

Intentional parenting helps shape values, character, and resilience in children, setting them up for a successful and fulfilling life.

Exploring the nuances of generational communication to foster understanding and cooperation in family businesses.

This post explores how professionalism and mediocrity have evolved in today's cultural and business landscapes, and highlights actionable insights on how we can and must pursue a culture of excellence in the workplace.

Explore the journey of shifting from incremental to exponential growth, fostering innovation through social capital, divergent thinking, and elevation.

This blog post explores how to be a good citizen, worker, and family member. It provides practical strategies for growing in respect for self and for others, for fostering desire, healthy communication, and lifelong learning to enhance personal and professional relationships.

In this episode of Resilience Talk, join Paul Spencer as he explores the critical yet often overlooked concept of business valuation. He discusses the importance of lifting our heads above daily operations to understand what truly adds value to our businesses. This conversation offers essential insights for business owners navigating the landscape of growth and preparing for the future—especially in the context of family enterprises.