Family Businesses: Page 2
How This Enterepreneur Turned an 'Unsexy' Family Business Into a Multimillion Dollar Success
From a last-minute deal collapse to revitalizing his father's company, Michael Richman's journey proves that opportunity can be hiding in plain sight.
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.
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.
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
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.
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.
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.
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.
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.
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?
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.
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.
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.
Why Businesses Need to Diversify Everything Right Now
Diversification, when done correctly, can grant a business a certain relief when it comes to withstanding crises and global financial and professional turmoil. As tough as diversifying may be, every leader who is averting their eyes off it is exposing their team and business to risks, especially with the global market changing rapidly.
How Home-Packed Lunches Became a Thriving Business
In this episode, "Mexican Mom" Gina Antimo and her husband Jaime Reverté share how they foster a welcoming, family-like environment in their restaurant through customer service and authentic food.