All families and businesses experience conflict. Family businesses that survive practice the equivalent of controlled burns. By exposing and dealing with simmering conflicts in managed situations, they prevent buildup of…
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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…
If you ask almost any family business advisor to identify the right time to form a board of directors, the answer will be forthcoming almost instantaneously. “Right now.” This is...
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