Building a Business
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 | Page 5
Buying a Franchise
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.
By Carly Okyle
Building a Business
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?
By Clate Mask
Thought Leaders
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.
By Andrea Murad
Building a Business
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.
By Nina Zipkin
Buying a Franchise
‘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.
Building 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.
By Nellie Akalp
Thought Leaders
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.
By Laura Entis
Thought Leaders
4 Essentials for Being in Business Happily Ever After With Your Spouse
Your better half can be your best possible business partner.
Building a Business
The 4 Forces That Drive Family Business Success
The businesses that survived three, four or five generations were powered by these distinct forces.
By Andrew Keyt
Business Accounting
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.
By Andrea Murad
Building a Business
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.
Building a Business
Business Lessons From the Family That’s the ‘Cake Boss’ Empire
The hit show is just the frosted tip of what Carlo's Bakery has grown to be.
Thought Leaders
Life Lessons Entrepreneurial Parents Can Teach Children
Being an entrepreneur gives parents powerful opportunities for teaching.
By Lisa Evans
Entrepreneurs
‘I Launched a Startup With My Mom. I’m Glad I Did.’
Mixing family and business is a competitive advantage, says this son of his co-founder/mom.
Thought Leaders
3 Tricks for Running a Business With Your Spouse Without Divorcing or Going Broke
It's not wrong to look forward to work because you get out of the house, but it is a sign you shouldn't start a business together.
By Mary Camacho
Building a Business
How to Ensure Your Business Survives the Next Generation
Beware these common mistakes made when passing down a family business.
By Lisa Evans
Thought Leaders
After a Life as Refugees, This Entrepreneur Family Has No Fear
Fleeing Vietnam at risk of their lives in hopes of reaching American taught the Lams everything there is to know about pursuing dreams.
Building a Business
How to Fire a Family Member in a Family-Run Business
To fire a family member may be one of the most difficult challenges a family business will face. Here is how to ensure the process is as painless as possible.
By Andrew Keyt
Building a Business
Why This Little Pickle Stand Is a Symbol of Big Innovation
For the company behind Horman's Best Pickles, there's never a 'dill' moment.
By Carly Okyle
Thought Leaders
The No. 1 Reason You Should Hire a Family Member
Sure, plenty of things can go wrong, but just as many things can and will go right.
By Stephen Key
Thought Leaders
The Family Values Behind the Business of Hardcore Pawn
The popular reality show has altered public perception of the pawn business.
Entrepreneurs
5 Reasons Why ‘Family’ and ‘Business’ Do Mix
Anyone who tells you any differently is just plain wrong, says this business co-owner who's worked alongside family for years.
Thought Leaders
This Family Business Is Literally Influential
A husband-wife team has built a business matching marketers with just the right influencers.
Thought Leaders
How This Mompreneur Built a Burgeoning Makeup Brand With Her Teenage Daughters
The millennial-leaning range, entitled Nudestix, consists exclusively of easy-to-apply makeup crayons.
By Geoff Weiss
Building a Business
4 Secrets to Highly Successful Family-Owned Businesses
The son of the late founder of the largest family-owned and operated RV manufacturer in the world discusses how they keep the company going strong.
Building a Business
This Family Business Innovates to Grow From Generation to Generation
What was a family store has blossomed into a booming online family store.