Question of the Month Archive
Each month the Purdue Institute for Family Business asks a question related to running a family business. The results are displayed below with an explanation of how these topics can have an impact on small businesses.
2023 Questions of the Month
May/June 2023 Results: What kind of pollution bothers you most on a day-to-day basis?
April 2023 Results: Is your business in a position to utilize sweat equity?
March 2023 Results: To whom will you transfer the business? Did you inherit the business?
February 2023 Results: Quality of Product/Services and Prices in Comparison to Competitors
December 2022/January 2023 Results: Where You Conduct Business and Serve Customers
PRE-2023
2022 Questions of the Month
December 2022/January 2023 Results: Where You Conduct Business and Serve Customers
November 2022 Results: Community Support for Businesses
October 2022 Results: Annual Growth Rate and Succession
September 2022 Results: Remote Working/Working from Home
August 2022 Results: Inheriting the Business
June/July 2022 Results: Risk Tolerance
May 2022 Results: Generations Discussing Business Goals
April 2022 Results: Benefits for Yourself and Employees as a Family Business Owner
March 2022 Results: Need and Availability of Eldercare and Childcare
February 2022 Results: Health care access and ways to improve access
January 2022/December 2021 Results: Do you have health insurance?
November 2021 Results: Is your spouse involved in the business?
October 2021 Results: Where is your business?
September 2021 Results: What is the most important goal in your family business?
August 2021 Results: Do you have a healthy work-life balance in your family business?
June/July 2021 Results: What will your business need to do in the next 6 months?
May 2021 Results: How many of your employees are related to you? Do business owners have to be family members?
April 2021 Results: To which risks has your business had issues with in the past year?
March 2021 Results: Do you have a written business plan? How often do you update that plan?
February 2021 Results: Do you discuss goals in your business? Who is included in that discussion?
December 2020/January 2021 Results: How prepared is each generation for succession?
December 2020/January 2021 Results: How prepared is each generation for succession?
October/November 2020 Results: What is the primary purpose (industry) of your business?
September 2020 Results: What Do You Expect to Happen to Your Family Business?
August 2020 Results: Does Your Business Have a Contingency Plan?
July 2020 Results: Does Your Business Have an Emergency Fund?
June 2020 Results: Continuation of COVID-19 Response of Family Businesses
May 2020 Results: Generation and Configuration of Businesses
April 2020 Results: COVID-19 Response of Small and Family Businesses
March 2020 Results: Spousal Involvement in the Business
February 2020 Results: Family Vacations and Preferred Locations
December 2019 & January 2020 Results: Giving to Build Social Goodwill in the Community
December 2019 & January 2020 Results: Giving to Build Social Goodwill in the Community
November 2019 Results: Sharing Information on Compensation, Benefits, Estate Plans, and Gifts
October 2019 Results: Family Business Mentality - Glues, Threats, What comes first?
September 2019 Results: Family Business Capitalists, Stewards, and Proprietorships
August 2019 Results: Parenting and the Family Business
July 2019 Results: Resolving Issues in the Family Business
June 2019 Results: Having a Sense of Purpose in the Family Business
May 2019 Results: Policies in Place in the Family Business
April 2019 Results: Disadvantages Derived from Working with Family Members
March 2019 Results: Advantages Derived from Working with Family Members
February 2019 Results: Keeping the Business Strong Into the Next Generation
January 2019 Results: Issues Hindering the Succession Process
December 2018 Results: Generations in the Family Business
November 2018 Results: How long do you see your family business lasting into the future? What steps have you taken to ensure business continuity?
October 2018 Results: What Structure Does Your Family Business Have - Owner Managed, Sibling Partnership, or Cousin Collaboration?
August 2018 Results: What Creates the Most Tension for Your Family Business?
July 2018 Results: Measuring Success in the Family Business
June 2018 Results: Recovery from a Major Catastrophe
May 2018 Results: Utilizing Outside Experts
April 2018 Results: Family Baggage Spillover in the Business
March 2018 Results: Legal Structures in Family Businesses
February 2018 Results: Most Important Goal to Your Family Business
January 2018 Results: Spouses and In-Laws Joining the Family Business
December 2017 Results: Evolutionary or Revolutionary Succession Processes
November 2017 Results: One Strong Family Leader or Work Together as Equals
October 2017 Results: Family Business Policies
September 2017 Results: Experience Before Joining the Family Firm
August 2017 Results: How Frequently Your Family Business Reviews Strategic Planning Processes
July 2017 Results: Different Approaches to Conflict
June 2017 Results: Forms of Family Business Governance
May 2017 Results: Distributing Your Family Business to the Next Generation
April 2017 Results: Involvement After Passing the Business to the Successor
March 2017 Results: Confusion Over Roles in the Family Business
February 2017 Results: Defining Fairness in the Family Business
January 2017 Results: FB-BRAG