Family Businesses

News and Articles About Family Businesses

Shark Tank Star Lori Greiner's 4 Money Rules for New Entrepreneurs

Drive, passion and determination don't pay the bills; money does. Here are the wise ways the 'Queen of QVC' saved cash as an early entrepreneur and how you can, too.

3 Tips for Running a Business With Your Spouse Without Divorcing or Going Broke

When marriage and business are intertwined, agreed-upon boundaries are essential.

Infighting Jeopardizing Your Family Business? Financial Advisors Can Help.

Douglas Box wishes he'd done some things differently. His three brothers probably do, too.

3 Things Entrepreneurs Can Learn From Actress Jessica Biel

The star has partnered with her younger brother for sustainable fashion brand BARE.

5 Strategies for Growing Your Family Business Happily

What you do to runn a good business with an ordinary partner goes double when you see the staff at every holiday gathering as well as at the office.

Chick-Fil-A Founder to Be Remembered for Vision, Values

S. Truett Cathy, the founder and chairman emeritus of Chick-fil-A, passed away at the age of 93 on Monday.

5 Keys to Successful Sibling Partnerships

Family may come first, but follow these five tried-and-tested tips to ensure your relationship can survive and thrive as a business partnership.

How to Manage Your Own Kids as Summer Employees

Hiring your own children can have a ton of advantages, provided you do it right.

Franchise Players: After Tragedy, a Son Takes Over as Franchisee

When his father died, it was Mark Calis's turn to step up as co-owner of a Minuteman Press with his mother.

Market Basket's Family Feud Risks a Loss of Its Loyal Following

Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.

How a Family-Owned Firm Can Beat the Odds and Pivot

Use a leadership change as a catalyst for a shift in the business model to keep up with trends.

Faith and Family at Work: A Recipe for Disaster or Prosperity?

Done right, melding business, faith and family is the most incredible pursuit you will ever undertake.

How to Successfully Exit Your Family Business and Pivot for the Internet Age

An owner explains how he refocused on online sales, sold the local family heating services firm and runs a new ecommerce company.

Understand This Before Joining the Family Business

Our expert suggests getting a formal operating agreement hammered out before investing time or money in the venture.

A Family Legacy: Tennessee Brothers Seek to Revive Fallen Whiskey Empire

The Nelson brothers were staggered to discover on a country drive one day that their great-great-great grandfather owned and operated one of the largest whiskey distilleries in pre-Prohibition America.

How to Run a Family Business Without Killing Each Other

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).

7 Lessons in Harmony for Family Startups

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.

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

After working in electronics retail stores for years, Scott Meyers decided it was time to start his own family business.

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

Fourth-generation owners Garry and Carlton Smith share how their family-owned business has stayed fresh for a century.

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

Mit Patel draws inspiration from his family as he ventures out as his own franchisee.

9 Essentials for Any Family Business to Thrive

Running a family business is no easy feat. Here are nine keys to making it work.

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

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.

The Frequently Fatal Family Business Flaw: Denial

It turns out, businesses owned by families suffer from bad management practices that could cause a meltdown.

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

Alicia Sorber Gallegos talks working as a Two Men and a Truck franchisee—a company founded by her grandmother.

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