Managing a Family Business

News and Articles About Managing a Family Business

How a Tightly-Knit Tennessee Family Built a Local Business Empire
Family Businesses

How a Tightly-Knit Tennessee Family Built a Local Business Empire

Love of family and a commitment to giving back to the community are the foundation of the Holt family's various food businesses.
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
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
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
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
Secrets of a Third-Generation Family Business Where Families Come to Work
Family Businesses

Secrets of a Third-Generation Family Business Where Families Come to Work

There is no greater compliment to an employer than an employees encouraging their own families to join the team.
Daphne Mallory
The Supreme Sales Advantage of a Family Business Is the Family Story
Family Businesses

The Supreme Sales Advantage of a Family Business Is the Family Story

Customers are not simply making cold calculations when they decide from whom they will buy. When they know the family, they trust the business.
Daphne Mallory
Lessons From a Family Business That Thrives In the Heartland
Managing a Family Business

Lessons From a Family Business That Thrives In the Heartland

Entrepreneurship is not simply the frenzy of a startup, it is a set of values that can be passed from one generation to the next.
Daphne Mallory
How to Be an Entrepreneur Happily Married to an Entrepreneur
Family Businesses

How to Be an Entrepreneur Happily Married to an Entrepreneur

One family business has its challenges. Two startups in one family, that's a real trick.
Tarik Sansal and Rechelle Balanzat
3 Tips for Running a Business With Your Spouse Without Divorcing or Going Broke
Managing a Family Business

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.
Daphne Mallory
Infighting Jeopardizing Your Family Business? Financial Advisors Can Help.
Family Businesses

Infighting Jeopardizing Your Family Business? Financial Advisors Can Help.

Douglas Box wishes he'd done some things differently. His three brothers probably do, too.
5 Strategies for Growing Your Family Business Happily
Family Businesses

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

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.
Sandi Krakowski
How to Successfully Exit Your Family Business and Pivot for the Internet Age
Family Businesses

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.
Will Housh