Family Businesses

The 5 Commandments of Running a Successful Business With Your Spouse
Spouses

The 5 Commandments of Running a Successful Business With Your Spouse

Being an entrepreneur comes with a unique set of challenges but running your business jointly with your spouse can take that to a whole different level.
David and Carrie McKeegan
A Family Business for People on the Move
Family Businesses

A Family Business for People on the Move

Work-life balance is not any easier for spouses in business but sharing success is an ongoing celebration.
Daphne Mallory
4 Lessons This Family Learned From a Lifetime Growing Their Franchise Business
Family Businesses

4 Lessons This Family Learned From a Lifetime Growing Their Franchise Business

Operating 10 McDonald's has been grueling but satisfying for this Idaho family.
Daphne Mallory
This Family Business Begun in a Basement Has Gone Big Time
Family Businesses

This Family Business Begun in a Basement Has Gone Big Time

Lifeway Kefir was begun a generation ago on a shoestring budget and is now a $150-million operation.
Daphne Mallory
The Benefits of Launching a Family Business in Your Golden Years
Older Entrepreneurs

The Benefits of Launching a Family Business in Your Golden Years

Whether because of economic necessity or to satisfy a postponed desire, for some the best time to start a business is when they otherwise might retire.
Daphne Mallory
3 Key Agreements Every Family Business Needs in Writing
Family Businesses

3 Key Agreements Every Family Business Needs in Writing

Sadly, family businesses are not immune to the disputes that afflict every business. Putting agreements in writing can save the family, as well as the business.
Daphne Mallory
What Small Businesses Provide That Larger Companies Cannot
Benefits

What Small Businesses Provide That Larger Companies Cannot

A tragic turn of events at one firm reveals that something is eventually lost at a larger scale.
Gene Marks
Mission Statement

The Importance of Developing a Family Business Mission Statement

Knowing the greater purpose of why your family has it's own business is a powerful way to motivate and build your brand.
Daphne Mallory
5 Reasons to Make Starting a Family Business Your New Year's Resolution
Starting a Business

5 Reasons to Make Starting a Family Business Your New Year's Resolution

Families that have overcome the challenges of building a business together share a special bond.
Daphne Mallory
Is There Such a Thing as 'Work Life' and 'Personal Life'?
GoldieBlox

Is There Such a Thing as 'Work Life' and 'Personal Life'?

When Debbie Sterling founded GoldieBlox, her first employees were her husband, her sister and best friend.
Catherine Clifford
50 Signs You Are Married to an Entrepreneur
Family

50 Signs You Are Married to an Entrepreneur

Sometimes there's money, sometimes not so much, but there is always a plan and a lot to do.
Kristy Rampton
Teaching Responsibility to Our Kids, Even When They Work for Us
Family Businesses

Teaching Responsibility to Our Kids, Even When They Work for Us

The Korean Air Lines fiasco shows that family businesses have their own challenges and offers lessons in personal responsibility.
Ray Hennessey
Mensch on a Bench: How This Toy Went from Kickstarter to 'Shark Tank' in Two Years
Shark Tank

Mensch on a Bench: How This Toy Went from Kickstarter to 'Shark Tank' in Two Years

Inspired by his son's 'elf envy,' the Mensch on a Bench creator Neal Hoffman is taking the toy landscape by storm – and is hoping to do the same with the 'sharks.'
Nina Zipkin
Why Two Brothers Left Their Careers to Build a Business Together
Family Businesses

Why Two Brothers Left Their Careers to Build a Business Together

Good careers alone were no match for the allure of working together.
Daphne Mallory