Tom is founder and principal of Thomas D Davidow & Associates, a Brookline-based consultancy committed to working with family-controlled enterprises.
Campden FB’s latest online survey delved into the world of relationships within the family business. What is communication like between family members? How able are you to share difficult problems with other family members? Have you experienced personal conflict or sibling rivalry?
Tom Davidow kicks off our focus on remuneration by taking a look at how family businesses should compensate family members who are active in the company. This must be appropriate and fair or else the dynamics of the family may suffer …
Handing over a family business to the next generation carries with it many inherent risks. Tom Davidow sets out the steps you should follow to ensure that a succession passes off successfully and the business is ready for the next phase of its development
It is inevitable that brothers and sisters will clash and argue. While this is bad enough at home, it can do serious damage to a family business. Tom Davidow explains why brothers suffer more than sisters and how these clashes can be avoided
Running a family business can be tricky enough at the best of times, but things can get even worse in the aftermath of a painful divorce. Will the business suffer or become stronger? Tom Davidow explores the impact divorce can have and how to manage it