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NewsA collection of family business related articles from the leading business publications  |
AUGUST 2011
"Letting Go - Meet the World's Oldest Entrepreneur"
Murray Oxman, 61, contemplates retirement often. Not for himself, but his 96-year old father.
"At 96, Oxman's Surplus founder Jerome Oxman still clocks a full workday and even began an expansion of his business recently. "I just can't retire," he says. "I'd go crazy."
"10 Ways to Lawsuit - Proof Your Estate"
There are several things you can do to protect your estate from future sibling conflict and litigation.
How Not To Do It: A Good Case For Suing the Kids?
What happens when a parent is forced to sell the business to a venture capital group and the children aren't willing to agree to the non-compete provision.
Succession Planning Simplified
There are so many articles about succession planning, but this one provides some unusually interesting lists of questions and issues to consider.
Key to Succession Planning: Have Someone Else Run It
"With an outsider as CEO, a family business tends to live past the third generation. It's particularly interesting to note that these legacy businesses tend to outperform corporations, both public and private".
"For Small Businesses, Recession Isn't Over"
"Many big public companies are likely to report strong second-quarter profits, but that isn't the story on Main Street, where small businesses are grappling with jittery customers, rising costs and tight credit".
When Generations Collide
"Tech-savvy and risk-taking next generation family members are bringing a new sense of energy and drive".
"Private Equity Looks to Family Offices"
"Private equity firms, which have typically relied on banks, insurers and retail investors to raise money, now have a new source to tap-family offices"
"Don't Go It Alone: Create an Advisory Board"
An Advisory Board is the single most important action a family business can take to successfully grow the business and give it a better chance to survive into the next generation. The process alone, can often bring out underlying concerns and issues that have been suppressed or left unnoticed.
