Article Library



Dueling Perspectives: Anne and Rob Klamar

Published May 20, 2019 Barbara Spector | Departments

Anne Eiting Klamar and her husband, Rob, were physicians raising two young sons together in April 2000 when the board of Anne’s family company, Midmark Corporation, named her the company’s preside...


At the Helm: Deryl McKissack

Published May 20, 2019 Patricia Olsen | Departments

Generation of family ownership: Fifth.Company revenues: Approximately $30 million.Number of employees: 140.First job at this company: Founder, president, president of the board of directors, CEO and c...


Celebration Corner: The Bullard Hard Hat's 100th anniversary

Published May 20, 2019 April Hall | Departments

The Business: In 1898, Edward Dickinson Bullard founded the E.D. Bullard Co. in San Francisco to provide gold and silver miners with carbide lamps and other equipment they needed to stake a claim in t...


Fee brothers bitters help mixologists make magic

Published May 20, 2019 Hedda Schupak | Departments

Anyone who enjoys craft cocktails has probably tasted a Fee Brothers product. The  Rochester, N.Y.-based creator of artisan drink mix products has overcome many obstacles in its 155-year history....


FEUSA Survey: Family firms are confident about growth

Published May 15, 2019 |

By Barbara SpectorAn annual survey of family business leaders by Family Enterprise USA (FEUSA) found that the majority (79%) are confident about their ability to grow their business each year.FEUSA, a...


Family Business Magazine receives national awards

Published May 10, 2019 |

Family Business Magazine has received two national Azbee Awards of Excellence.The awards, presented by the American Society of Business Publication Editors, honor editorial excellence in business-to-b...


2019 Private Boards of the Year Announced

Published May 8, 2019 |

Six boards will be honored in June for excellence in governance.By April HallThe top private company boards this year have been instrumental in shepherding their companies through acquisitions, leader...


Neurodiversity in the workplace: Families helping families

Published May 1, 2019 |

By April HallMany companies are making efforts to have a diverse workforce that includes people regardless of race, gender or ethnic background. Fewer are addressing the inclusion of autistic people. ...


Fiduciary responsibility in the age of de-personalization

Published April 29, 2019 Whittier Trust | Feature Article

There are several qualities expected from the people who manage your money and perhaps a shorter list of critical components required for a successful long-term fiduciary relationship — trust, loyal...


Family Business Magazine work honored

Published April 24, 2019 |

Family Business Magazine recently received five regional 2019 Azbee Awards of Excellence.The awards, presented by the Mid-Atlantic Region of the American Society of Business Publication Editors, honor...


H&R Block co-founder Henry Bloch dies at 96

Published April 23, 2019 |

Henry W. Bloch, co-founder of the H&R Block tax-preparation company with his late brother, Richard, and a noted philanthropist in his hometown of Kansas City, died April 23. Mr. Bloch, who was 96 ...


Family Enterprise Forum: May 8 in NYC

Published March 29, 2019 |

The Family Enterprise Forum, presented by Family Business Magazine and PwC on May 8, will help family enterprise owners navigate a range of challenges as they manage their business and protect their w...


What family businesses can learn from Theranos

Published March 25, 2019 |

By Barbara SpectorLike many Americans, I was obsessed by the story of Theranos and its young founder, Elizabeth Holmes, in mid-March. My book club read Bad Blood: Secrets and Lies in a Silicon Valley ...


Bassetts Ice Cream: Cool since 1861

Published March 22, 2019 |

By April HallIf you are in business for more than 150 years, you must be doing something right. But to stay competitive, you still need to learn and improve.[[{"fid":"10515","view_mode":"default","fie...


MacLean-Fogg manages multiple transitions

Published March 21, 2019 Margaret Steen | Feature Article

Although many people have encountered MacLean-Fogg Co.’s products, they probably haven’t noticed them, unless they’ve looked at the hardware that sits atop telephone poles or the parts insi...


Ironing out the planning details

Published March 21, 2019 Maureen Milford | Feature Article

Murray Berstein, founder of Nixon Medical in New Castle, Del., was determined to take the right steps to ensure the future of his medical apparel and linen business when he and his sons hired a consul...


Vermeer comes back strong from tornado damage

Published March 21, 2019 Barbara Spector | Feature Article

On Thursday, July 19, 2018, the family leaders of Vermeer Corporation shifted gears from marking the 70th anniversary of the business to managing a crisis after a tornado struck the company’s Pella,...


Signs you may be ready to consider a family office

Published March 21, 2019 Dan Terlep | Advisers

When a family experiences a liquidity event, such as the sale of the family business, they may feel as if they’re entering an uncertain phase of life.[[{"fid":"10581","view_mode":"default","fields":...


Heeding early warning signs can transform business risk into success

Published March 21, 2019 Sheon Karol | Advisers

The decline of a family business can be heartbreaking. Often the extended family loses much of its fortune and the financial security of future generations is at risk. Why does this happen, and, if yo...


Developing confidence and clarity in family business decision making

Published March 21, 2019 Dennis Morton Jr. | Advisers

Our family relationships and our feelings about money bear some interesting similarities. A lifetime of interactions with relatives, especially in a business environment, can create complex relationsh...