Entrepreneurship 5 Tips On Running Successful Family BusinessesCarolyn M. BrownApril 6, 2016November 25, 2017 by Carolyn M. BrownApril 6, 2016November 25, 20171037 Family businesses account for 62% of U.S. employment. Yet, only a third of these businesses make it to the second generation, 12% to the third...
How to Prepare Your Business for SuccessionLaToya M. SmithMarch 31, 2013March 9, 2015 by LaToya M. SmithMarch 31, 2013March 9, 2015442 When their father died in 2008, Jessica and Charles Johnson Jr. were left with the question of whether to make payroll or close the doors...
Magazine Knowing When to Say WhenEarl G. Graves, Sr.November 28, 2011April 7, 2020 by Earl G. Graves, Sr.November 28, 2011April 7, 2020364 Eventually, the success and potential of every enterprise is determined by an entrepreneur's ability to separate his or her own needs and desires from what's...
Entrepreneurship All in the FamilyTennille M. RobinsonJuly 1, 2011September 29, 2017 by Tennille M. RobinsonJuly 1, 2011September 29, 2017826 Nina Jones has no problem keeping up with the Joneses....
Magazine Money Breaking the CycleLaToya M. SmithJuly 1, 2011October 7, 2011 by LaToya M. SmithJuly 1, 2011October 7, 2011424 One of V. Kenneth Johnson’s most pressing goals in life is to “break the cycle of passing on ‘lack’ from one generation to the next.â€...
Family Biz: 3 Things to Include in Your Buy-Sell AgreementMarcia Wade TalbertAugust 30, 2010November 25, 2017 by Marcia Wade TalbertAugust 30, 2010November 25, 2017340 If you or a member of your family dies or wants out of the business, a buy-sell agreement will help you come to an agreement...