Since Family Business launched the Transitions conference series in 2010, thousands of attendees have heard hundreds of family business members share their stories in honest and candid ways.
The idea...Read more
If you’re just beginning to investigate how to manage issues at the nexus of family and business, you may have encountered some terminology that’s unfamiliar to you. We provide some definitions and explanations here.
This glossary is adapted from a longer version that is distributed to attendees at Family Business...Read more
Each business family has its own culture, strengths, idiosyncrasies, points of contention and shared history. That’s why each family must do its own work to develop policies and processes — a structure built on the foundation of someone else’s family values probably won’t work for your family.
Even so, there...Read more
Lester and Vanola Wittwer opened the Wittwer Motel in Las Vegas in 1948. After several years, the couple moved their family back to Southwestern Utah, the area where they were both raised. In 1955, they opened the Wittwer Motor Lodge in St. George, Utah, where the family business is based...Read more
The company, founded in 1908, manufactures fire engines, pumps and related equipment for first responders and distributes tactical equipment to the Department of Defense. W.S. Darley is headquartered in Itasca, Ill., with manufacturing, engineering and R&D operations in Chippewa Falls, Wis., Janesville, Iowa and Grand Rapids, Mich.
Vertex is the leading indirect tax software and services provider to U.S. and global businesses of all sizes. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries and business ...Read more
Vermeer, founded in 1948 and headquartered in Pella, Iowa, manufactures large industrial and agricultural equipment. The company employs more than 3,000 team members worldwide who design, build and support the iconic yellow iron. Second-generation family member Mary Andringa is chair of the board of directors; her son Jason Andringa is...Read more
Seattle-based Port Blakely grows and markets renewable forest products around the globe, owning and managing working forests in Washington state, Oregon and New Zealand. The company supplies customers in the United States and exports to international markets, largely in Asia. The business has been owned by the Eddy family since...Read more
John W. Eiting, along with three partners, founded the business in 1915 as the Cummings Machine Company in Minster, Ohio. It began as a manufacturer of concrete mixers, mining cars and locomotives. The company ...Read more