Patricia Schiff Estess

Growth Strategies

Having an Open-Book Policy

Enough with the secrets--give your key employees the financial information they need to help you run a successful business.
Growth Strategies

How to Review Your Siblings

Rating your sibling's performance means treading on delicate--and potentially explosive--ground. In fact, maybe it's better to call the whole thing off.
Growth Strategies

Don't Get Personal

Taking the personal out of personnel isn't easy when you're talking about family.
Growth Strategies

Attracting Non-Family Employees

As appealing as the cozy atmosphere of a family business may be, you can't beat incentives for hooking good managers.
Growth Strategies

The Best Family Business Meetings

When the family works and plays together, there's a good chance the family business will stay together.

Keep It Together

Prevent your board members from jumping ship.
Growth Strategies

Are Your Kids Wrecking Your Business?

You've welcomed your kids into the family business--and you're ready to pull your hair out. Now what?

Ruling Roulette

Are you gambling with the future of your company? Why staff rotation is risky business

More Than Money

Cash-poor friends may still have a lot to contribute.
Growth Strategies

Avoiding a Too-Early Succession

Hand your kids a key to the business too early, and you could unlock the wrong attitude.
Growth Strategies

Getting Management Help From the Next Generation

In order to roll with the times, family business leaders must rely on people other than themselves-their successors.
Leadership

Inside Jobs

What's the hidden cost of hiring relatives as suppliers or advisors? Family feuds.
Leadership

In-Laws and Order

Think hiring an in-law is just like hiring any other employee? Think again.

Friendly Exchange

Want to borrow money from loved ones without losing them? Read on.

Theory of Un-Relativity

How to keep nonfamily managers happy in order to grow your business.