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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...

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The new normal

Published June 23, 2020 Caro U. Rock | Departments

Never in my wildest nightmares did I think we would still be in partial lockdown as the July/August issue of Family Business went to press, but here we are. While COVID-19 has wreaked havoc on our wel...

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Dueling Perspectives: Faith and the family business

Published June 23, 2020 Barbara Spector | Departments

The family owners of A. Duda & Sons — a diversified enterprise based in Oviedo, Fla., with operations in farming, ranching and agricultural management, real estate development and commercial pro...

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July/August 2020 Family Matters

Published June 23, 2020 | Departments

Scott Teerlinck has joined Crescent Electric Supply Co., a 101-year-old family company based in East Dubuque, Ill., as president and CEO. Teerlinck succeeds Marty Burbridge, who is retiring after more...

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At the Helm: G.A. Taylor Fernley

Published June 23, 2020 Patricia Olsen | Departments

Generation of family ownership: Fifth.About the company: We’re an association management company with the distinction of having founded the industry in 1886.Number of employees: We have 10 employees...

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Celebration Corner: Centier Bank's 125th anniversary

Published June 23, 2020 Barbara Spector | Departments

The Business: Centier Bank currently has 64 retail locations throughout Northern and Central Indiana plus a corporate campus in Merrillville, Ind. In April, the bank passed $5 billion in assets, a sig...

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Tips on interviewing life insurance advisers

Published June 23, 2020 Martin Valentic | Departments

The life of a business owner can be a constant stream of decisions — on a varied array of matters such as new[[{"fid":"12649","view_mode":"default","fields":{"format":"default","field_file_image_alt...

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Porto Barrel Polka

Published June 23, 2020 Scott Chase | Departments

Does the word “polka” evoke images of fast-moving people swirling in coordinated motion? If so, you have a good handle on what it’s like to work at Bouchard Cooperages and Quinta do Tedo, two fa...

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Family business owners weigh in on taxes, regulation

Published June 16, 2020 Patricia M. Soldano |

Legislators must know what is important to family business owners — what helps or hurts them when it comes to operating their businesses and creating more jobs. Laws affecting family businesses may ...

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How bias affected our decisions during the pandemic

Published June 9, 2020 Joseph Zaccardi |

The COVID-19 pandemic unleashed an avalanche of uncertainty and emotions for business owners and investors from which we are still digging out. We shifted our focus to self-preservation and our own we...

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Eight actions to secure your family’s future amid COVID-19

Published June 9, 2020 |

For enterprising families during the COVID-19 pandemic, it’s important not only to stay connected as a family, but also to ensure the family enterprise will survive and thrive. “The foundation for...

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Family firm with roots in Colonial America makes PPE

Published June 2, 2020 Lisa C. Johnson |

The Merrow family of New England have altered their business over the centuries, from a general store to a gunpowder maker to a sewing machine manufacturer to a maker of technical apparel. During the ...

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Jelmar’s supply chain holds steady during pandemic

Published June 2, 2020 Barbara Spector |

CLR and Tarn-X cleaning products sold by Jelmar, a family company, are popular with consumers during the COVID-19 pandemic, the company reports.“Our bath and kitchen cleaner and our mold and mildew ...

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Direct investing strategies for family offices

Published June 1, 2020 William N. Haddad |

Family offices have traditionally focused on passive investments, allocating capital to funds and sponsors in a limited partner (LP) capacity. For those raising capital, family offices were often view...

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Herschend prepares to open its theme parks

Published May 26, 2020 Barbara Spector |

Family-owned Herschend Enterprises, which delayed the openings of its theme parks because of COVID-19, is currently evaluating opening dates for the summer.In addition to theme park operator Herschend...

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Specialty Restaurants reopens some of its locations

Published May 26, 2020 Barbara Spector |

Guests can once again reserve a table at Florida and Ohio eateries operated by Specialty Restaurants Corporation, a family-controlled company that owns 19 dining spots. In addition to Florida and Ohio...

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Family-owned Bealls Inc. is financially healthy and open for business

Published May 21, 2020 |

Although Houston-based Stage Stores Inc., which operates stores that use the Bealls name in several states, filed for Chapter 11 bankruptcy protection on May 10, Bealls Inc., the family-owned company ...

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Branding your family business after the pandemic

Published May 18, 2020 R. Travis Coley |

The COVID-19 pandemic has altered the business landscape, resulting in both demand shock and supply disruption. In a matter of weeks, we moved from growth and expansion to a full stoppage of non-essen...

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Cybersecurity attacks target the wealthy

Published May 14, 2020 BlackCloak |

Changes in technology over the past couple of decades have created untold opportunities. With terms like digital age, information age, wireless and connectivity, the era of computers combined with the...

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Amping up structures to prepare for the future

Published May 13, 2020 Margaret Steen | Feature Article

In the late 1980s, Charles A. Collat Sr. asked his four children if they knew what it meant to run a family business.“Being young and naive, we said, ‘Absolutely, we know what it means to run a fa...

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