News and Articles About Family Businesses
Family may come first, but follow these five tried-and-tested tips to ensure your relationship can survive and thrive as a business partnership.
Hiring your own children can have a ton of advantages, provided you do it right.
When his father died, it was Mark Calis's turn to step up as co-owner of a Minuteman Press with his mother.
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.
Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
Done right, melding business, faith and family is the most incredible pursuit you will ever undertake.
An owner explains how he refocused on online sales, sold the local family heating services firm and runs a new ecommerce company.
Our expert suggests getting a formal operating agreement hammered out before investing time or money in the venture.
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.
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).
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.
After working in electronics retail stores for years, Scott Meyers decided it was time to start his own family business.
Fourth-generation owners Garry and Carlton Smith share how their family-owned business has stayed fresh for a century.
Mit Patel draws inspiration from his family as he ventures out as his own franchisee.
Running a family business is no easy feat. Here are nine keys to making it work.
Two Men and a Truck is built on a family of female entrepreneurs. Heres what the first franchisee (and the founder's daughter) has learned.
It turns out, businesses owned by families suffer from bad management practices that could cause a meltdown.
Alicia Sorber Gallegos talks working as a Two Men and a Truck franchiseea company founded by her grandmother.
Global company's founder says having his children help in the early days gave them invaluable experience.
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.
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.
If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.
Unreal Candy's natural treats are a fast-growing success.
Strategies for dealing with family employees who've become too much to bear.
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.
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