Randy Marten, CEO of Marten Transport, has played an active role in the immense growth of the trucking company his father founded in 1946, pushing the family business to become…
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Car dealer Jim Estabrook has no immediate plans to retire. But 25 years ago, he started his plan to ensure his family would be financially secure after he passed away….
An article in Forbes describes some of the challenges associated with preparing the next generation for taking the reins of the family business. While difficulties arise within any company, family…
This past February, the third season of Duck Dynasty debuted with 8.6 million viewers, the most of any show in A&E’s 29-year history. Duck Dynasty, which is about the Robertson…
Bernard Arnault is a French business tycoon in control of LVMH, one of the largest luxury goods companies in the world, with control of over 60 luxury brands, including Louis…
Donald Trump is one of the most famous businessmen on the face of the planet. But even the Trump dynasty isn’t immune to the challenges that all family businesses face….
Given the fascination – and headlines – devoted to family shenanigans at companies like Adelphia, Imclone, and Martha Stewart Inc., it is no wonder that myths of family business continue…
Children who are indulged in bloated salaries and do-nothing jobs aren’t being helped and will likely not be happier as a result. And these types of indulgences significantly hurt the business.
Chances are good that a long-lived family business will eventually be led by a sibling team. Despite sharing common values, siblings face real obstacles when cast in the top leadership spot.
Managing Partner of REGENERATION, Elle Hansen, shares her thoughts about a unique time during her work as a family business consultant and how it impacted her and her clients In…