Managing a Family Business
Love Doesn't Have to be Tough — 3 Things to Do to Keep Harmony in Your Family-Owned Business
Family matters. So does being intentional in the workplace.
Do You Own or Manage Your Business With Family Members? Here Are 3 Essential Tips to Create Value Together.
How family entrepreneurship can create value across generations by drawing on a family's strengths to advance their business goals.
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.
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.
How to Sustain a Family Business Across Generations
It can be tempting to assume the next generation is ready to take over your company and allow you to enjoy your twilight years, but you must ensure they have time to develop skills and realize their identity.
5 Reasons Your Children Should Not Inherit Your Business
There are a number of very good reasons why your children should not inherit your 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.
The Do's and Don'ts of Involving Family in Your Business
Adding family to your business plan may seem like a no-brainer, but it can often lead to poor decisions and conflicts. Follow this guide for involving family in your business.
How to Keep Workplace Relationships Drama-Free: Advice from Family-Run Franchises
The personal and professional are never entirely separate. But learning how to balance the two can make for a lasting, successful business. Ask the folks who run businesses with the people they know best.
7 Best Practices to Running a Healthy Family Business
While working with family can be rewarding for many reasons, it can also be hard to separate personal from professional lives. Here are a few key best practices and skills that will help you maintain a neutral work environment and avoid familial conflict.
Family Business Is a Blood Sport. Here's How to Avoid the Pitfalls.
Clarity, autonomy, empowerment and trust are critical to success.
Why Family-Owned Businesses Need Specialized CFO Services
In such strictly hierarchical family units, it is uncommon to see non-family employees in leadership or management roles such as CEO, COO or CFO
Transition in Family Business from Dad to Son
Right from strategic planning, budgeting to performance reviews and building teams have to be learnt
Indian Family Businesses Thrive, Managing Challenges Well
Very visibly the transitioning is seen in structure, processes and systems with many firms becoming globally competitive too
Weaving India's Traditional Sarees Since 1911
In 1980, Nalli became the first textile retailer to use barcodes and computerized billing systems. This revolutionary move paved way for ease of doing business and for serving the customers better