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News and Articles About Family businesses

How to Run a Family Business Without Killing Each Other
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Even though a reported 80 percent of all U.S. enterprises are family run, doesn't mean it is easy. Here are a few pointers on how to get along (and be successful).
April 21, 2014 in Leadership
7 Lessons in Harmony for Family Startups

7 Lessons in Harmony for Family Startups

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Running a family business can unite members of a family but it can also tear them apart. Here are some tips keeping the peace, both at home and at the office.
April 3, 2014 in Grow Your Business
Franchise Players: How Electronic Retail Became a Family Business for This Boomer

Franchise Players: How Electronic Retail Became a Family Business for This Boomer

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After working in electronics retail stores for years, Scott Meyers decided it was time to start his own family business.
March 21, 2014 in Franchises
100-Year-Old Jolly Time Pop Corn Offers Kernels of Wisdom

100-Year-Old Jolly Time Pop Corn Offers Kernels of Wisdom

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Fourth-generation owners Garry and Carlton Smith share how their family-owned business has stayed fresh for a century.
March 12, 2014 in The 'Treps
Franchise Players: A Young Franchisee Brings Family's Lessons to Forever Yogurt

Franchise Players: A Young Franchisee Brings Family's Lessons to Forever Yogurt

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Mit Patel draws inspiration from his family as he ventures out as his own franchisee.
March 12, 2014 in Franchises
9 Essentials for Any Family Business to Thrive

9 Essentials for Any Family Business to Thrive

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Running a family business is no easy feat. Here are nine keys to making it work.
March 5, 2014 in Grow Your Business
Franchise Players: Two Men and a Truck's First Franchisee Reflects on 27 Years in Franchising

Franchise Players: Two Men and a Truck's First Franchisee Reflects on 27 Years in Franchising

BY
Two Men and a Truck is built on a family of female entrepreneurs. Here’s what the first franchisee (and the founder's daughter) has learned.
February 26, 2014 in Franchises
The Frequently Fatal Family Business Flaw: Denial

The Frequently Fatal Family Business Flaw: Denial

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It turns out, businesses owned by families suffer from bad management practices that could cause a meltdown.
February 25, 2014 in Grow Your Business
Franchise Players: A Franchisee Follows In the Footsteps of Her Grandmother

Franchise Players: A Franchisee Follows In the Footsteps of Her Grandmother

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Alicia Sorber Gallegos talks working as a Two Men and a Truck franchisee—a company founded by her grandmother.
February 25, 2014 in Franchises
How My Family Helped Me Build a 'Power' Research Firm

How My Family Helped Me Build a 'Power' Research Firm

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Global company's founder says having his children help in the early days gave them invaluable experience.
February 4, 2014 in Family Business
Monster or Mastermind? 3 Business Takeaways from Wall Street's 'Wolf'

Monster or Mastermind? 3 Business Takeaways from Wall Street's 'Wolf'

BY
While 'The Wolf of Wall Street' may seem like a cautionary tale of precisely what not to do in business, much can be learned from Jordan Belfort's story.
January 6, 2014 in Leadership
Veterans: 3 Ways to Minimize the Risks of Buying a Franchise

Veterans: 3 Ways to Minimize the Risks of Buying a Franchise

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Owning a franchise can be an appealing option for men and women returning from military service. Here's some advice on what should be considered beforehand.
November 11, 2013 in Franchises
3 Types of Franchises That Make Great Family Businesses

3 Types of Franchises That Make Great Family Businesses

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If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.
October 30, 2013 in Franchises
Father and Son Team Create Candy Without the Extra Junk

Father and Son Team Create Candy Without the Extra Junk

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Unreal Candy's natural treats are a fast-growing success.
October 25, 2013 in Branding
4 Ways to Manage Working Relationships With Toxic Family Members

4 Ways to Manage Working Relationships With Toxic Family Members

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Strategies for dealing with family employees who've become too much to bear.
October 21, 2013 in Managing Employees

Why You Should Start Preparing Your Ultimate Exit Strategy Now

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You don't want your family to fight after you're gone, and you don't want the IRS to claim more than is necessary during the transition. Here are a few basics rules of thumb for creating a succession plan.
September 30, 2013 in Management & Operations
Is It Possible to Run a Business With Your Ex?

Is It Possible to Run a Business With Your Ex?

BY
For some couples, working with their spouse every day can be a dream, but can the business last if the marriage doesn't?
September 30, 2013 in Business Management
Why I No Longer Want to Have it All

Why I No Longer Want to Have it All

BY
Before you add on that extra project just because you can, realize that you're also playing a risky game of Russian Roulette.
September 12, 2013 in Productivity

A Dorm-Room Startup for Dorm Rooms?

BY
While the holidays are prime time for most U.S. businesses, back to school is this startup's sweet spot.
August 29, 2013 in Profiles
Why Friends And Family Are Your Worst Business Enemies

Why Friends And Family Are Your Worst Business Enemies

BY
Investing with friends and family is usually a recipe for disaster. If you're going to go for it, here are some essential legal steps to keep your finances and friendships from falling apart.
August 26, 2013 in Legal Center

Why Your College Student Should Start a Business

BY
There are lots of benefits to having your college-age kids start their own business. Here's why and how you can help them get going.
August 5, 2013 in Startup Basics
Former Marine Starts International Franchise Helping Stranded Boats

Former Marine Starts International Franchise Helping Stranded Boats

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Sea Tow is a family-run company with nearly 200,000 members and 100 U.S. and international franchise locations, helping seafarers in lakes and oceans across the world.
July 26, 2013 in Franchises
How One Young Entrepreneur Built a Credit Card Processing Empire at 16

How One Young Entrepreneur Built a Credit Card Processing Empire at 16

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You know what they say about one man's trash? It's another man's goldmine. Here's the story of how Harbortouch's Jared Isaacman saw an opportunity and grabbed.
July 7, 2013 in Starting a Business
Father and Son Business Owners Share Their Secrets to Success

Father and Son Business Owners Share Their Secrets to Success

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In time for Father's Day, successful father and son business owners share how they balance their personal and professional relationships.
June 14, 2013 in Business Management
Launching With a Loved One? Five Lessons From Successful Startup Couples

Launching With a Loved One? Five Lessons From Successful Startup Couples

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If you're thinking of starting up with your significant other, consider the tips of those who've made the plunge before you.
June 6, 2013 in Success Stories

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