Family Businesses

Starting a Business

Long-Lost Sisters Who Built the Largest Black-Owned Wine Company in the U.S. Reveal How to Break Into a Notoriously Tough Industry

Andréa and Robin McBride followed their shared love of wine into business — but it hasn't always been easy.

Business News

An Outpost of a Popular Buffet Chain Has Racked Up Tens of Millions of Views on Social Media. Here's How It Keeps Going Viral.

The Bronx Golden Corral is a family-run franchise with three sibling managers running the show.

Collaboration

How This Mom-Daughter Team Drove More Than $7.5 Million In Sales In Their First Business Year

The mother-daughter team behind Kroma have raised $9 million and attracted A-list celebrity endorsements — all without driving each other nuts.

Business Process

Selling Your Small Business? Here Are 5 Advantages of Passing It Down to Family

Having a succession plan for your small business is just as important as your plan to kickstart it — so who do you want to see running it when you're gone? Here's why you should consider selling it to a family member, and how to navigate the generational handoff if you do.

Technology

Finding A Match In Family-Owned Business And Innovation-Driven Entrepreneurship

The culture of risk-taking and experimentation within innovation-driven entrepreneurship can lead to groundbreaking discoveries as well as a competitive edge in the market.

Growth Strategies

Hari Krishna Exports Founder Savji Dholakia On How Philanthropy Can be Geared Towards Climate Change

A conversation with Padma Shri laureate Savji Dholakia, the founder of the multi-generation family business, Hari Krishna Exports, on increasing access to water in rural India

Growth Strategies

Family Offices, A Trillion-Dollar Industry In The Midst Of A Historic Transition, Are Coming Out Of The Shadows

The most transformative aspect is the willingness of family offices to collaborate and share knowledge openly -a phenomenon sweeping the family office community- as they come out of the shadows.

Thought Leaders

Is Your Family Business Giving Women the Short End of the Stick? Here's How to Recognize and Combat Discrimination.

The last place women might expect to experience discrimination is within their family business. But research shows it's a significant problem. Here's how to recognize and combat it in your business.

Growth Strategies

Wadi Al Amardi: The Family Business Transforming Dubai's Food Landscape

A conversation with Ghazal Saeed and Rakan Ismail Al Gergawi, co-founders of Wadi Al Amardi, on helping to transform Dubai's food landscape.

Leadership

Leading a Family Business with a Vision of Change

The skincare brand has forayed into different markets including Dubai, Nepal, and Bangladesh. Post 2019, it diversified into making its products available outside salons through pharmacies and modern trade.

Leadership

Running a Family Business Means You Need to Prepare Your Kids to Take Over — Here's How to Do It Right.

Planning to pass on your business to your kids? Preparing them for the next phase of your business is a complex and multifaceted process — so here's what you need to do.

Entrepreneurs

Family Office And New Investments: What Does The Future Look Like?

India is a land dominated by family businesses, but how can family businesses be run as business families?

Growth Strategies

What It Takes To Be The Next Generation Of Family Enterprise Leader

In any family business, with the next generation begins to take the reins, a fresh flow of ideas and innovation is bound to take place.

Growing a Business

The Pros and Cons of Hiring Family Members in a Small Business

While conventional wisdom discourages small business owners from hiring members of the same family, there are actually smart and strategic reasons to do so — but there are still drawbacks to consider. Here's what you should know about hiring employees who are family members.

Growth Strategies

Building A Lasting Legacy: Why Heritage Wealth Planning Is Imperative For The Middle East

Each family needs to establish common values and consult wealth advisors together with heirs to prevent future misunderstandings, and thereby realize a smoother generational wealth transfer.