Family Business Center: Loyola University Chicago

If you think running a family business can feel isolating at times, you’re not alone.

Family businesses combine complex decisions with personal relationships, and there aren’t many places to have honest conversations about the challenges that come with both.

Our Peer Advisory Groups bring together family business leaders in a confidential setting to share experiences, gain perspective, and learn from one another.

Learn more about our Peer Advisory Groups: https://www.luc.edu/familybusiness/services/peergroups/

Did you know that 87% of the US economy is powered by family businesses?

This National Family Owned & Operated Business Day, we’re celebrating the families behind those businesses at our annual Family Summer Social.

Join us for an evening of food, fun, and connection with fellow Loyola Family Business Members. Bring the whole family—we’ll have activities for all ages!

🗓️ June 23, 2026 | 5:00-7:30 pm | Oak Brook, IL

https://app.glueup.com/event/family-summer-social-163711/

This , we’re highlighting this inspiring Magid story.

After learning that a worker couldn’t find gloves that fit his hand, Magid created a custom solution and committed to supporting him long-term.

We’re proud to see our members making a difference through innovation, commitment, and care.

Read more:

#poweredbypeople #qko2026 | Tyler Bennerson, CHST / OHST | 14 comments When asked about his gloveless hand, he held it up, showing multiple missing fingers. Saying “how do you put a glove on this?” A great question as I had never seen this. After asking him what other supervisors and safety professionals said he simply replied “they tell me to figure it out”. I...

This is your reminder to make time on your calendar to have some fun this summer!

Family businesses work hard, so take what you need to relax, recharge, and enjoy the warmer weather.

If you want to have some summer fun with us and celebrate National Family Owned & Operated Business Day, attend our annual Family Summer Social ☀️

🗓️ June 23, 2026 | 5:00-7:30 pm | Oak Brook, IL

https://app.glueup.com/event/family-summer-social-163711/

Memorial Day marks the unofficial start of summer. It’s time to kick back, relax, and… pick up a book about family business ☀️📚

These recommendations Loyola Family Business Center team offer thoughtful perspectives as you take some time to reflect this summer:

The Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise by Josh Baron and Rob Lachenauer

How to Lead your Family Business: Excelling Through Unexpected Crises, Choices, and Challenges by Julie Charlestein

The Myth of the Silver Spoon: Navigating Family Wealth and Creating an Impactful Life by Kristin Keffeler

Adding a few family business books to the summer reading stack never hurts.

It’s almost time for our annual Family Summer Social, where we celebrate National Family Owned & Operated Business Day 🎉

Join us for an evening of connection, conversation, and community with other family business leaders and families from across our network.

This all-ages event is a chance to step away from the day-to-day, share stories, build relationships, and have fun! Expect interactive experiences, food and drinks, and meaningful conversations throughout the evening.

We’d love to see you and your family there!

Register here: https://app.glueup.com/event/family-summer-social-163711/

Boundaries shape the way we lead, communicate, and show up in our relationships—both personally and professionally. In family business, those lines can often blur.

Join us for part 2 of our three-part webinar series with Elizabeth Pyjov: Recognizing and Reclaiming Your Boundaries.

Explore the ways boundaries get buried in family businesses and learn how self-compassion helps you reclaim your needs without guilt.

Register here: https://app.glueup.com/event/recognizing-and-reclaiming-your-boundaries-156630/

Congratulations to First Lady for the CAC River Cruise being named TripAdvisor’s #4 Top Experience in the U.S. 🎉 What an incredible accomplishment!

If you haven’t already experienced First Lady’s river cruise in Chicago, make sure to add it to your summer plans.

📸 Photo credit: First Lady

On the other end of the leadership journey, a different set of questions begin to take shape.

After our fall conference on The Great Clockout and two follow-up webinars on retirement, one thing became clear: this transition deserves more than a single conversation.

That’s why we’re launching a Legacy Peer Group.

Designed for owners, founders, and senior family leaders preparing to step back from day-to-day-operations in the next five years, this group creates space for thoughtful conversation in a confidential, facilitated setting.

A few spots remain in our inaugural cohort. If you or someone you know is approaching this transition, reach out to us!

From a fun first session to a celebratory graduation, join a dedicated cohort of next generation family business leaders—and grow alongside the same group every step of the way.

The Next Generation Leadership Institute (NGLI) is designed to support emerging family business leaders with the tools, perspectives, and community needed to navigate the complexities of family enterprise.

Interested in learning more? Join an upcoming virtual info session—our next one is May 13: https://docs.google.com/forms/d/e/1FAIpQLSdlNo27rFkyU4ek6Dy-eM0eb1Nz6DGr9JKX2pEifOB3bnmtzQ/viewform?pli=1