Family Businesses: Page 5

Thought Leaders

A New Orleans Oyster Restaurant Went Without Detailed Profit-and-Loss Statements for Almost 100 Years. 2 Twin Sisters Are Trying to Bring It Into the 21st Century.

Natalie Gerdes and her twin sister, Nikki, have introduced new ideas to their family business like merchandising, an expanded menu and yes, keeping track of the company's finances.

Thought Leaders

A California Woman Started a Boarding House in 1920. Her Great-Granddaughter Hopes to Run the Business Someday, Which She Calls 'The Mexican Cheers of Pasadena.'

Mary Alice Recendez started as a hostess at Mijares Mexican Restaurant when she was 13 years old and, at 32, is the only fourth-generation member of her family in a leadership position.

Thought Leaders

Running a Funeral Home Can Seem Taboo in the Best of Times. One Business Owner Hopes Clubhouse Can Help Him Shift Perception.

Antonio Green's great-grandfather opened James H. Cole Home for Funerals in Detroit in 1919, and many of the its founding principles are as important as ever, even if the method of delivery has changed.

Thought Leaders

How Does a Century-Old Niche Business Expand? 'There Are Limits to How Many Awnings You Can Sell in Portland.'

Emily Spearing, her cousins and brothers all work together to push the family business into a more ambitious - and modern - space.

Thought Leaders

This 130-Year-Old Porcelain Shop Claims to Be the Oldest Store in New York's Chinatown. Its 5th-Generation Owner (and Her Grandmother) Used Instagram to Save It From the Pandemic.

Pivoting to online sales has been a family effort: Owner Mei Lum's mother helps with the e-commerce, her father handles shipping and packaging and her 91-year-old grandmother has become an influencer.

Leadership

These Values Help Family Businesses Survive and Thrive in Tough Times

Knowledge to be gained from those that don't face pressure from VC backers.

Thought Leaders

Video: Father and Son Create Business Legacy Together

Family run extermination business exemplifies how to create generational wealth through entrepreneurship.

Franchise

... Are We Really All on the Same Page About Passing Down the Family Business?

Set up structures in advance and communicate clearly so things don't get awkward later.

Entrepreneurs

Why Family-Owned Businesses Need Specialized CFO Services

In such strictly hierarchical family units, it is uncommon to see non-family employees in leadership or management roles such as CEO, COO or CFO

Growing a Business

What We Can Learn From Natural Grocers' 65 Years of Success

The family operated organic retailer reminds us that you're only as strong as your foundation.

Starting a Business

What You Should Know Before Going Into Business With Family

A family business run the wrong way can ruin relationships.

Leadership

The Second Generation Scion on Shaping the Fashion Industry

Yash Dongre on what's the Future of Fashion

News and Trends

Reasons For Burgeoning Family Offices

The investment options now include start-ups, unicorns, international businesses, mines, cryptocurrencies international hedge funds, arts, unique collections and so on

Growth Strategies

How GCC Family Businesses Can Prepare For Growth After The Pandemic

Beyond the crisis response, family businesses must adapt themselves to a changed post-crisis landscape.

Franchise

Why This Family Is Betting Their Future on Franchising

A father-daughter duo sees Real Property Managment as a way to create generational wealth.