Eric Bassett, 20, started working for his family’s business, Bassetts Ice Cream, in Philadelphia when he was only 15 years old. The company has been in business since 1861 when…
Mitchell Modell, CEO of New York based Modell’s Sporting Goods Inc., was recently accused by sister-in-law Abby Modell of using company money for more than $7 million in personal expenses….
Myth #3 – Family businesses are forever This third myth, sadly, is not true. Businesses, especially family-operated ones, are rather fragile. Roughly two thirds of family owned and controlled businesses…
Family businesses are too often like the proverbial “red-headed step child” in the corporate world. That’s because there are still a lot of misconceptions, or myths, about family businesses that…
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…
There remains a high level of uncertainly about how the Affordable Care Act will ultimately affect family-owned companies across the country. In particular, small family business owners are waiting to…
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…
Kris and Bruce Jenner have announced their separation as of Tuesday, Oct. 8, 2013. The power-couple, whose marriage lasted 22 years, were involved in many different business ventures, including their…
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….