If you’ve spent years building a successful business – perhaps you’re already on the second or third generation – then you’ll want to ensure it can continue long after you’re gone. Hopefully you have some form of succession plan in place for when you retire,…
Found this great article for couples who run a business together – “The Secret to Building a Business with Your Significant Other” from Entreupreneur.com. Kimanzi Constable speaks to Luis Congdon and Kamala Chambers, who share their advice on how to run a business as a…
When entering into a business venture with a family member, business success is the goal but family relationships are sacred. Here is a great article on the “6 Challenges for Family Businesses (and How to Overcome Them)” by Adam Toren from Entrepreneur.com. Being an entrepreneur…
I like this article by Mike Kappel “Things To Consider When Hiring Family Members” published on Forbes.com, listing the pros and cons of hiring family members. If you are running a family business or employ family members it’s worth a read to see if you…
Running a family business, especially one that spans generations is no mean feat. Here is a great article “7 Ways to Boost a Family Business at Rocket Speed”, by Kevin Daum published in Inc. discussing the success of Patrick Devlyn Jr the third generation to…
