Building a Business
The Importance of Developing a Family Business Mission Statement
Knowing the greater purpose of why your family has it's own business is a powerful way to motivate and build your brand.
Family Businesses | Page 7
Building a Business
Mensch on a Bench: How This Toy Went from Kickstarter to ‘Shark Tank’ in Two Years
Inspired by his son's 'elf envy,' the Mensch on a Bench creator Neal Hoffman is taking the toy landscape by storm – and is hoping to do the same with the 'sharks.'
By Nina Zipkin
Thought Leaders
Why Two Brothers Left Their Careers to Build a Business Together
Good careers alone were no match for the allure of working together.
Building a Business
These Siblings Are Cooking Up America’s First Meatless Butcher Shop
No animals were harmed in the making of Aubry and Kale Walch's smash-hit butcher biz.
Thought Leaders
How Longchamp Turned the Basic Nylon Tote Into a Full-Blown Luxury Icon
When the French luxury house introduced its Le Pliage bag 20 years ago, it was met with very little fanfare. Three years later and with virtually no marketing, it became a hit. Today, the company sells 10 a minute.
By Geoff Weiss
Thought Leaders
How This Mom Got the Kids to Buckle Up While She Launched Their Family Business
The frustration of fastening the seat belts of three youngsters in the back seat inspired an invention. Now the kids are part of the business.
Thought Leaders
A Family Business Dedicated to Empowering Short Men Towers Over Competitors
A Beverly Hills tailor shop has carved a lucrative niche making every customer feel like a man of stature.
Thought Leaders
A Family Legacy: Tennessee Brothers Seek to Revive Fallen Whiskey Empire
The Nelson brothers were staggered to discover on a country drive one day that their great-great-great grandfather owned and operated one of the largest whiskey distilleries in pre-Prohibition America.
By Geoff Weiss
Building a Business
Improving Where They Live Seems to Come Naturally to Family Businesses
Entrepreneurs who build companies with their own families are the bedrock of communities around the country.
Building a Business
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.
Building a Business
Family of Restaurateurs Sign On as Senior Care Franchisees
The Savoie family serves their community through entrepreneurship, whether they are running restaurants or operating Executive Care franchises.
By Kate Taylor
Marketing
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.
Building a 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.
Thought Leaders
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.
Building a Business
Lessons From a Family Business 5 Generations Strong
An Idaho banker reflects on the values that have passed, along with the bank, from parent to child for more than a century.
Business Accounting
Shark Tank Star Lori Greiner’s 4 Money Rules for New Entrepreneurs
Drive, passion and determination don't pay the bills; money does. Here are the wise ways the 'Queen of QVC' saved cash as an early entrepreneur and how you can, too.
Entrepreneurs
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.
Building a Business
Infighting Jeopardizing Your Family Business? Financial Advisors Can Help.
Douglas Box wishes he'd done some things differently. His three brothers probably do, too.
Building a Business
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.
By Cris Burnam
Buying a Franchise
Chick-Fil-A Founder to Be Remembered for Vision, Values
S. Truett Cathy, the founder and chairman emeritus of Chick-fil-A, passed away at the age of 93 on Monday.
By Kate Taylor
Building a Business
5 Keys to Successful Sibling Partnerships
Family may come first, but follow these five tried-and-tested tips to ensure your relationship can survive and thrive as a business partnership.
Building a Business
How to Manage Your Own Kids as Summer Employees
Hiring your own children can have a ton of advantages, provided you do it right.
By Lisa Evans
Building a Business
Franchise Players: After Tragedy, a Son Takes Over as Franchisee
When his father died, it was Mark Calis's turn to step up as co-owner of a Minuteman Press with his mother.
By Kate Taylor
Building a Business
Market Basket’s Family Feud Risks a Loss of Its Loyal Following
Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.
Building a Business
How a Family-Owned Firm Can Beat the Odds and Pivot
Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
Thought Leaders
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.
Building a Business
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.
By Will Housh