Tag: Family Business

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read more

Family Business Experts: How to Survive the Holidays

While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of family business conflict, anxiety, and stress. Family can be the root cause of this Read more

Lessons From the Perdue and Sheraton Families on Getting Along

Mitzi Perdue is the widow of Frank Perdue and the daughter of Ernest Henderson Sr., a founder of the Sheraton Hotels empire. She also runs a consultancy devoted to family business success and is the Read more

'Let’s Not Go There...' Taboos in Family Business

Family businesses and the families that own them are known for their secrecy and discretion. Keeping a “low profile” can provide useful benefits -- for example, shelter from business competitors Read more

Even as we begin to see the light at the end of the tunnel, a number of new problems are just around the bend. Will you be able to retain your top talent from joining the great resignation? Do you Read more

Retirement Options and their Consequences for Small Business Owners

Pierre, a Swiss bakery co-owner for four decades, left his business behind when he reached age 65, the eligible retirement age in Switzerland. He was looking forward to leaving seven-day workweeks Read more

Noah Alper is best known for the business that bears his name: the West Coast chain Noah's Bagels. But he has started and exited several other businesses, including Bread & Circus, an East Coast Read more

What the Bob Ross Fight Can Teach Business Owners

Editor’s note: This article is co-written by a member of the board of editors at EIX.org from The Richard M. Schulze Family Foundation, which is a funder of a Next Avenue. The new, buzzy Netflix Read more

She Always Gives Her All to the Family Firm -- but He Follows the Leader

It’s been proven that dedicated employees who go above and beyond what the job specifies help their companies be more efficient and keep customers happy. Other research has shown that leaders can Read more

Generous Entrepreneurs Giving Back With Donor-Advised Funds

Many entrepreneurs and business owners who've made it want to share their success with others. Donor-advised funds provide a simple way to give back to the world. With these funds, which are often Read more