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Celebration Corner: Galland Henning Nopak's 130th anniversary

Published January 10, 2018 Barbara Spector | Departments

The Business: Jakob Nunnemacher (1819-1876), a master butcher, emigrated from Switzerland to the United States in 1841 and arrived in Milwaukee in 1843. He opened a meat market and prospered by sellin...

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At the Helm: Chris Flocchini

Published January 10, 2018 Patricia Olsen | Departments

Generation of family ownership: Third.Company revenues: $115 million.Number of employees: 130.First job at this company: Making boxes, sweeping the warehouse and helping with the laundry, at age 12 or...

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Dueling Perspectives: How business, family leaders collaborate

Published January 10, 2018 Barbara Spector | Departments

Port Blakely, in its fifth generation of family ownership, grows and markets renewable forest products around the globe. The company, acquired by the Eddy family in 1903, is based in Seattle.Today the...

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Women & wealth: Be prepared!

Published January 10, 2018 Caro U. Rock | Departments

In the past few months, the subject of women and wealth has come up frequently in my conversations with friends and colleagues. This is a timely topic indeed. According to Diane Doolin of the Doolin G...

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CSR, TBL and ESG

Published January 10, 2018 | Departments

By Barbara SpectorManagement literature has developed a slew of three-letter acronyms to refer to considering societal benefits as part of the assessment of business results. There’s CSR (corporate ...

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Avoiding family philanthropy pitfalls

Published January 10, 2018 | Feature Article

By Alana PetraskePhilanthropy may keep family members engaged in the family business (including those not otherwise working in it) and can promote family values. Even so, the unique circumstances of b...

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A billion-dollar family business goes non-profit

Published January 10, 2018 | Feature Article

By April HallWhen J. Mark Baiada turned 70 in 2016, he had more to celebrate than just a big birthday. Bayada Home Health Care, the business he had founded in 1975, was generating more than $1 billion...

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Charity and challenges: The pros and cons of family foundations

Published January 10, 2018 |

By Hedda T. SchupakFew would argue that vision and discipline are essential to make money in a family business. The same ingenuity is needed to donate money in a way that feels right to all family mem...

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Cascading force for good

Published January 10, 2018 | Feature Article

By Barbara SpectorIn just one generation, Cascade Engineering has achieved considerable business success, while also striving to make a positive impact on society and the environment. Fred P. Keller, ...

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Good governance ensures smooth sailing at The Beach Company

Published January 10, 2018 | Feature Article

By Maureen MilfordDuring the credit crisis of the last decade, John C.L. Darby, like many real estate developers, had his share of sit-downs with jittery lenders.But while other developers recount sto...

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Bush Brothers' Governance Success

Published December 20, 2017 |

By April Hall[[{"fid":"8433","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false},"type":"media","fie...

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Our Top 10 News Stories of 2017

Published December 13, 2017 |

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Omaha Steaks’ 10 Success Tips

Published December 12, 2017 |

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Crane Currency changes hands

Published December 8, 2017 |

By Barbara Spector[[{"fid":"8411","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":"Family-owned Crane &...

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Mind your own business with an owners council

Published November 29, 2017 Doug Baumoel |

Having well-aligned, engaged owners can create lasting value for any family business. One highly effective structure to support this critical success factor is the owners council, a forum for owners t...

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Liquidity Options and Challenges of the Family-Owned Businesses

Published November 20, 2017 Clyde Tinnen |

Unlike shares of Apple, IBM or Google, ownership interests in family owned businesses can rarely be sold on a public market. In fact, the governing documents of many family businesses have provisions ...

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How to develop a diverse board and select the right chairman

Published November 17, 2017 | Advisers

By Jennifer Muntz and Andrew KeytOur natural tendency is to surround ourselves with people whose backgrounds, experiences and viewpoints are similar to ours. But in order to achieve the true power of ...

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Protecting your family enterprise from the scourge of 'transition shock'

Published November 17, 2017 | Advisers

By Otis BaskinCNBC analyst Jim Cramer raised some eyebrows recently when he stated on his show, Mad Money, that Walmart was going toe-to-toe with Amazon; Walmart isn’t generally seen as a rising pow...

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Planning a family education program: Consider goals, logistics and content

Published November 17, 2017 | Advisers

By Anna NicholsIf you hope to maintain business ownership and wealth across multiple generations of your family, you’d be wise to develop a strong family education program. While there is no “one-...

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Theme park puts Santa in spotlight

Published November 17, 2017 | Departments

By April HallAt Santa’s Village in Jefferson, N.H., heart takes precedence over facial hair.[[{"fid":"7923","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][valu...

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