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Home > Management > Family Business > Day-to-Day Management

Day-to-Day Management

Article Archive
Running a Family Franchise
Love, money, relationships, contracts... learn to navigate the complexities of owning a family franchise.

10 Tips for Working With Family Members
Our employee management expert offers advice on what to do to keep it professional.

Helping the Family Business Grow
Can a newcomer revitalize a family business--without igniting a family feud? Learn from three entrepreneurs who did just that.

Hiring Your Mom or Dad
Keeping your parents busy in their retirement years may be a noble reason to hire them, but be sure you know what you're getting into first.

When Family Members Work Together
Follow these tips to manage employees who also happen to be kin.

Keeping the Lines of Communication Open
When business and family mix, the key to success is communication.

Preventing Feuds in the Family Business
Handling delicate topics--like succession planning--with care is key to keeping the peace in any family business.

How to Earn Employees' Respect
Tips for managing employees when you take over the family business

Should You Hire Your Spouse?
Looking for qualified hires? Your significant other may be just what you're after.

Seeking Counsel for Your Family Business
Sometimes, family members just aren't the best people to make tough decisions about a family business. A trusted advisor can make those decisions for you.

Who Should Be On Your Board?
Let's face it: Not every family member is cut out to be on your board of directors.

Family Business Challenges Need Novel Solutions
When you're working closely with family members, solving problems is no longer as easy as saying "Go to your room."

Establishing an Open-Door Policy
When nonfamily employees talk, listen.

Stop Complaining About Your Business!
You need to vent--but bringing too much home from the office can spark resentment.

Smart Stock Strategies for Family Businesses
Every relative seems to want a piece of the family business pie--don't let your business be a casualty of these shareholding squables.

Solving "Ego" Problems in Your Family Business
Don't let sparring egos tear the family business apart.

Runnning a Multi-Family Business
Working together can get complicated when two or more families run a single business.

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.

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.

Don't Get Personal
Taking the personal out of personnel isn't easy when you're talking about family.

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.

The Best Family Business Meetings
When the family works and plays together, there's a good chance the family business will stay together.

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?

Adding Nonfamily to Your Board
Nonfamily members can help keep your board of directors on the right track.

HR Policies for Family Employees
Policies to implement before--and after--a family member leaves the business

Putting Two Leaders in Place
Can a company succeed with two captains? For many family businesses, the answer is yes.