Family Business Magazine

Established in 1989, Family Business Magazine is the sole North American multimedia resource dedicated to meeting the distinct needs of multigenerational family businesses. It offers a wealth of information, including news updates, profiles, expert insights, and thought leadership content. Utilizing various digital platforms, print publications, and events, we equip family businesses with essential information to ensure both business success and family harmony. The magazine is founded, owned, and managed by a third-generation family business, which enhances its relevance and understanding of the unique challenges these enterprises face. Family Business Magazine also hosts the renowned Transitions conferences and the Private Company Governance Summit, which offer exceptional opportunities for peer learning and networking in a supportive, no-sales atmosphere. Published by MLR Media, Family Business Magazine extends its reach through digital channels, print editions, and in-person events, empowering leaders, directors, and executives of multigenerational family businesses with the insights and skills they need to thrive in their roles.

Trade/B2B

English

Magazine, Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#1439480

United States

#505083

Finance/Finance

#5046

Traffic sources

Monthly visitors

Articles

Overcoming multigenerational procrastination

2 weeks ago | familybusinessmagazine.com | Zack Needles

A recent report by Truist Wealth's Center for Family Legacy (CFL) found that while the vast majority of families understand their legacies depend on things like strategic planning, mentoring and healthy communication, only a fraction of them are giving these areas the requisite attention. With a projected $16 trillion wealth transfer on the horizon, that's a problem. But the CFL study also reached another conclusion: it doesn't have to be that way.
Don't hold back

3 weeks ago | familybusinessmagazine.com | Zack Needles

Torri Hawley is a seventh-generation member of the Vollrath Company and the chief learning officer (US) for Tamarind Learning. Peter Begalla is the conference chair at MLR Media and founder of JPB Consulting Group. Together, they discuss how family businesses can better solicit honest, actionable feedback from their shareholders. (For more from Hawley and Begalla on this topic, check out their recent article on gauging shareholder sentiment).
Episode 14: A Second Chance at Success | Preparing to Sell Your Family Business | The Importance of Staying Nimble

3 weeks ago | familybusinessmagazine.com | Zack Needles

In this episode, we sit down with David Savir, co-founder and chief executive officer of Element Pointe Family Office, to discuss key considerations in preparing for a family business sale. David also discusses how families can remain engaged in legacy building after a liquidity event. We also chat with Ron Attman, CEO of Maryland-based Acme Paper & Supply Company, which celebrates its 80th anniversary next year.
Let’s make a deal

3 weeks ago | familybusinessmagazine.com | Zack Needles

Despite challenging global economic conditions, nearly half of the world's 500 largest family-owned businesses remained active in dealmaking over the past two years, achieving impressive growth in the process. That's according to the 2025 EY and University of St.Gallen Global 500 Family Business Index, which found that 47% of the businesses in the index have engaged in one or more M&A transactions in the last two years. Of the disclosed deals, 34% exceeded $250 million.
A circuitous path to CEO

3 weeks ago | familybusinessmagazine.com | Zack Needles

Mayumi Allison, CEO and second generation owner of Hosa Technology Inc., did not initially envision a career in the company her father founded: a leading supplier of cables and adapters to the musical instrument and professional audio industries. Eventually, however, she came to see how her mortgage banking background could be applied to leading the family business. A portion of this interview originally appeared on an episode of the Family Business/Business Family podcast.
Can you adapt quickly enough to adopt AI?

1 month ago | familybusinessmagazine.com | Zack Needles

A new PwC report posits that privately-held companies are generally better-positioned than public ones to benefit from generative artificial intelligence. But another recent study by the firm shows family-owned businesses, in particular, face unique obstacles. According to PwC's “2025 AI Business Predictions” report, released in February, companies' AI strategies in the short-term will determine whether they're on the cutting edge or playing catch-up in the long-term.
Know thyself

1 month ago | familybusinessmagazine.com | Zack Needles

I hit my first anniversary as editor-in-chief of Family Business Magazine at the end of February 2025. It was, by far, the fastest year of my life as I immersed myself in trying to learn everything I could about the family business space. It was also a heck of a lot of fun!My favorite part of this job has been meeting all of you and getting to hear so many families speak candidly about both their successes and their failures.
Episode 13: How a Family Business Bond Thwarted a Buyout | Running a Family Business the ‘Toyota Way’ | Giving Thanks for 100 Years

1 month ago | familybusinessmagazine.com | Zack Needles

In this episode, Peter Blommer, former chairman & CEO of the Blommer Chocolate Company, discusses the origins of the business, as well as how he came to be involved in it. He also tells the amazing story of how the company narrowly avoided a takeover by a massive multinational food corporation by making an appeal from one family-owned enterprise to another.
In It for the Long Haul

1 month ago | familybusinessmagazine.com | Zack Needles

When the fourth-generation leaders of Bergey's start describing how they came to be involved in the family business, one thing becomes clear immediately: for most of them, it was never really in question. They all grew up around the business, which today is an auto, truck and tire company operating more than 50 locations throughout Pennsylvania, New Jersey, Delaware and Maryland. And they all started working in it as soon as they came of legal age to do so (OK, maybe a teensy bit before that).
Hats off!

1 month ago | familybusinessmagazine.com | Zack Needles

Mount Vernon, N.Y.-based Beacon Adhesives Co. Inc. turns 100 next year — an impressive milestone for any family business, but especially one that has (quite literally) reinvented itself as many times as Beacon has. David Meshirer founded the company in 1926, carving out a niche selling materials used in hat sizing. It was a booming business in an era when people rarely left home hatless, but the fashion trend began to fade a few decades later.