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Family Businesses

Family Businesses

Passing the Family Company to the Next Generation Is a Complicated Business

Having a clear, organized succession plan often goes a long way towards smoothing the rocky transitional period.
Family Businesses

7 Tips For a Thriving, Sustainable Family Business That Lasts

Follow these pointers for keeping your business and your family together.
Mompreneurs

How 8 Mompreneurs Succeeded at Small Business Without Sacrificing Family

Each of these women tackled the usual rigors of starting a business -- and did it all with a kid on her hip.
Franchise Players

How This Second-Generation Franchisee Is Doing Things Her Way

Alex Chambers began her UPS career working in her father's store, but now she's in charge.
Startup Advice

The 5 Worst Pieces of Advice I Got While Building a $100 Million Company

Don't get emotionally attached to employees. Automate customer service. Don't take on any debt. Huh?
Divorce

How to Keep Your Business Together When Your Marriage Is Coming Apart

Divorce is one of the toughest times in life to make rational decisions, like maintaining the family business because it is in everyone's best interest.
Ecommerce

4 Tips for Breaking Into an Industry You Know Nothing About

How this couple successfully founded an ecommerce startup without knowing the first thing about high-end retail.
Franchise Players

'Undercover Boss' Inspires a North Carolina Family to Open a PostNet

The Nelsons now proudly offer their community personalized, business-enhancing print, marketing and shipping solutions.
Starting a Business

'Accidental Entrepreneurs' -- When a Personal Mission Morphs into a Big Business

Jessica Alba just wanted a better, nontoxic product to bathe her baby. Today, her company is worth more than $1.7 billion.
Family Businesses

All in the Family: How This Father-Son Team Built a $3.5 Billion Cybersecurity Business

For many, mixing family and work is a fraught exercise. For David and Orion Hindawi, it's just smart business.
Family Businesses

The 4 Forces That Drive Family Business Success

The businesses that survived three, four or five generations were powered by these distinct forces.
Loans

4 Steps to Keep Family Loans From Escalating Into Fisticuffs

Treat your family borrower the way a bank does a small business. Ask for a business plan.
Family Businesses

3 Reasons Why a Latino Family's Tiny Cheese Business Became a Giant

Not all family businesses grow into the success story that today is food manufacturer Cacique.