Incurring debt is among the foremost of issues to owners of family businesses. Most business owners either already have debt or will acquire some in the near future. Ben Franklin…
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Picture your business as a three-leg stool with operations, marketing, and finance as the supporting legs. Now, picture yourself sitting atop that stool. If the legs are the same length,…
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Would you begin a coast to coast trip without deciding on a destination? Doubtful. If you knew where you wanted to go, would you take along a road map to…
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Dave Thomas, the founder of Wendy's Old Fashioned Hamburgers, says he knew from the time he was eight years old that he wanted to be in the hamburger business, but…
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In family businesses, there seems to be little difference between a truly outstanding manager and an adequate manager. The landmark study on how executives learn, grow, and change conducted by…
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Charles E. Merrill was born in 1885 in a small hamlet outside Jacksonville, Florida. As a young man, while Henry Ford was making the Model T automobile as a consumer…
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They may only exist as a footnote in the annals of business history books, but Ernest Breech and Thomas White have possibly occupied the most meaningful of all management and…
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Hogs. Fat boys. Soft tails. Leather jackets and suicide clutches. Few business marketers have tied their products with a lifestyle image better than William S. Harley and Arthur Davidson from…
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How many times have we heard the expression, "The only constant in business is change?" Enough, probably, to make our ears sore. But like many cliches, this one also rings…
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It was mid-life crisis and an observation by cowboy philosopher Will Rogers that turned Harlan Sanders' life around. In 1930, Rogers observed on his radio show, "Let me tell you…
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