5 Tips On Running Successful Family Businesses
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...
Tag : succession planning
How to Prepare Your Business for Succession
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...
Knowing When to Say When
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...
All in the Family
Nina Jones has no problem keeping up with the Joneses....
Breaking the Cycle
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 Agreement
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...