Article Library

SEARCH BY...

SEARCH RESULTS

2020 Private Boards of the Year award winners announced

Published July 29, 2020 April Hall |

Six private company boards will be honored for their business governance excellence at the upcoming 2020 Private Company Governance Summit on September 15-17, 2020, live online.The boards of these com...

Read/Download

Consider family investors as a source of minority equity capital

Published July 22, 2020 Paul Carbone |

As a result of the market dislocation brought on by the COVID-19 pandemic, many private family-owned businesses find themselves in a precarious situation with budgets stressed and a seemingly never-en...

Read/Download

Sharing your family business profits fairly

Published July 16, 2020 Richard Spore |

The allocation of profits from a business among its owners typically reflects their overall contributions to the business, including contributions of both human and financial capital. However, in a fa...

Read/Download

The Smith Family Gathering in the age of COVID

Published July 14, 2020 Elliott Gansner |

As did many families, we reimagined our annual event this year. Instead of Camp Smith at The Osthoff Resort in Elkhart Lake, Wis. (the original plan), we created Camp Smith @HOME. An hour after the sh...

Read/Download

Ensuring Your Trust Is Exactly as You Plan It — Through Generations

Published July 10, 2020 Whittier Trust |

A trust can serve as one of the most powerful and enduring instruments of your legacy.  Whether providing a financial safety-net for your family or supporting the philanthropic causes that matter...

Read/Download

Resolving the rising generation paradox

Published July 9, 2020 Amy Hart Clyne |

Every generation has its defining moments, particularly for the youth who are coming of age. For the Silent Generation, it was the Great Depression and World War II. For Baby Boomers, it was the civil...

Read/Download

Yields are near 0%. Why should I own bonds?

Published July 8, 2020 Erich M. Hickey, CFA® |

Since 1981, when the 10-year U.S. Treasury yield peaked at over 15%, investors have enjoyed the benefit of holding Treasury bonds in their portfolios. Longer-maturity Treasuries have been the perfect ...

Read/Download

Family-owned retail chain stays strong during pandemic

Published June 24, 2020 Barbara Spector |

Robert Matthews (Matt) Beall III’s promotion to CEO of Beall’s Inc., a retailer based in Bradenton, Fla., was announced in December 2019. Just three months later, the COVID-19 pandemic struck the ...

Read/Download

Planning opportunities for these unprecedented times

Published June 24, 2020 Mark Bernstein |

This year, as the COVID-19 pandemic has upended our lives, our attention is focused on the wellbeing of our families and loved ones. Because their futures are our top priority, there may be no better ...

Read/Download

Flush with success

Published June 23, 2020 Beth Braverman | Feature Article

The memes came first.In late February, Juan Corzo III started seeing social media memes about how consumers were stocking up on toilet [[{"fid":"12583","view_mode":"default","fields":{"format":"defaul...

Read/Download

Ohio Art Company

Published June 23, 2020 Barbara Spector | Feature Article

Ohio Art has reinvented itself several times in the 112 years of the company’s existence.Henry Winzeler, who founded the Bryan, Ohio, company in 1908, started out making metal picture frames and [[{...

Read/Download

Kemin Industries

Published June 23, 2020 Barbara Spector | Feature Article

When the Nelson Family Foundation decided to give $50,000 to the Food Bank of Iowa to help address a spike in need because of COVID-19, the plan was put into action quickly.“I think we initially had...

Read/Download

J.W. Lopes

Published June 23, 2020 Barbara Spector | Feature Article

Jeff and Elyssa Kotzen’s hot yoga class on Friday, March 13 was not a zen experience.Jeff, the fourth-generation vice president of J.W. Lopes, a wholesale produce and dairy distributor in Chelsea, M...

Read/Download

Sessler Environmental Services

Published June 23, 2020 Barbara Spector | Feature Article

When COVID-19 began to spread through the United States, the Sessler family saw an opportunity for one of their businesses.Sessler Environmental Services (SES) of Rochester, N.Y., provides environment...

Read/Download

Values guide business families during COVID-19

Published June 23, 2020 Barbara Spector | Feature Article

The COVID-19 pandemic has forced business families to make decisions with sweeping ramifications. Steps taken to ensure business survival have had to be balanced with precautions to avoid health risks...

Read/Download

Lacerta Group answers the call for face masks

Published June 23, 2020 Beth Braverman | Feature Article

Pivoting to make a new product quickly has always been a hallmark of Lacerta Group Inc., a family-owned plastic packaging manufacturer based in Mansfield, Mass.But never has the company shifted gears ...

Read/Download

NextGens to Watch 2020

Published June 23, 2020 | Feature Article

Whether they aspire to work in the family company or take a leading role in governance, NextGen members of business families often struggle to find their niche. In addition to acquiring the experience...

Read/Download

Succession planning is the key to family enterprise resilience

Published June 23, 2020 Robert "Bobby" Stover Jr. | Advisers

When a family business fails, most people suspect that estate taxes or incompetent advisers led to its demise, but that’s rarely the case. Even before the estate tax exemption increased at the end o...

Read/Download

Adding independent directors takes your board to a new level

Published June 23, 2020 Steve McClure | Advisers

Soon after a family business recruits the first independent directors to its board, the business owners commonly marvel, “I am impressed that such remarkable and accomplished people would join our b...

Read/Download

Quickstep pivot

Published June 23, 2020 Barbara Spector | Departments

For decades after COVID-19 finally fizzles out, scholars in many disciplines will be analyzing the lessons learned from this crisis. We don’t need the advantage of hindsight, however, to recognize o...

Read/Download