Ford Motor Company is doing CEO succession right. On May 1 they announced that Mark Fields, a 25-year company veteran, will replace Alan Mulally as CEO and President, effective July…
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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…
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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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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.…
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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…
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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…
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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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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…
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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…
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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…
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