Most articles and books written about family businesses have focused on the various thorny problems and emotional entanglements that come from working with family members. Less focus has been placed…
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"Luck's a chance but trouble's sure," the poet A.E. Housman wrote, speaking to the wisdom of preparing for problems as opposed to counting on good fortune. Even the most serendipitous…
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Over the years I have received several e-mails questioning the merits of working outside the family business when a job is waiting for them inside it. Here is one such…
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Over the next 20 years, nearly $4.8 trillion of wealth is set to be transferred to the next generation of heirs. Much of that wealth will consist of the assets…
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Over the past decade, business leaders have witnessed an explosion of management tools and techniques in the workplace. Change Management, Total Quality Management (TQM), Enterprise Resource Planning, Balanced Scorecard, Benchmarking,…
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"All you need is love," sang the Beatles. But if the Fab Four had been family business owners, the lyric should rightly have been written, "All you need is trust."…
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Change, Change, Change. We hear about globalization, speed, technology, virtual workforces, labor market, outsourcing, belt-tightening, etc. These and other forces may change the daily challenges of work, but the basic…
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A popular national business magazine recently reported that "the late Richard Simplot's 24% voting stake in Boise's J.R. Simplot Co., started by billionaire dad J.R. Simplot, is worth only $54,450…
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When selling a family business, one of the single greatest expenses will be taxes. That's why careful planning is so important. Now, because of a new law that quietly took…
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DO YOU REALLY KNOW WHAT YOU'RE GETTING INTO? Someone you love has named you the executor of their estate in their will. Aside from feeling pleased that they respected your…
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