Article Library



Family Business CEOs to Watch 2020

Published October 23, 2020 | Feature Article

 We recognize family and non-family chief executives who are leading their businesses with a view toward long-term success.This year, business leaders in all sectors were tested as the ...


Ben's Chili Bowl: A spicy landmark in the nation's capital

Published October 22, 2020 Scott Chase | Feature Article

Six decades after its founding, the beloved restaurant is run by the second generation, with Mom still a regular presence.


Bringing joy, and fresh food, to low-income communities

Published October 22, 2020 Barbara Spector | Feature Article

Fourth-generation grocer Jeffrey Brown and his family are deeply committed to serving the urban poor. Their entrepreneurial approach and their family values are the keys to their success.


Leaning in to uncomfortable conversations

Published October 22, 2020 Langdon Evans | Feature Article

How I’ve learned to talk about race and privilege in my majority-white family business.


Resolving longstanding conflict is well worth the hard work

Published October 22, 2020 Joshua Nacht | Advisers

Longstanding family conflict can bring a family business to its knees. It saps energy and happiness and holds back the business from functioning optimally. The first step in resolving longstanding con...


Navigating shareholder dynamics in a family office environment

Published October 22, 2020 Barbara Young | Advisers

Family business owners are typically laser-focused on building a successful, competitive, innovative company that will grow and flourish over time. However, an interesting thing can happen as a family...


Risky family business

Published October 21, 2020 Barbara Spector | Departments

This year, our MLR Media team has focused on the topic of risk — an appropriate subject to consider in a year marked by a pandemic, destructive wildfires and social unrest.Our sister publication Dir...


Pantry pride

Published October 21, 2020 Caro U. Rock | Departments

I love to cook, but for many years, with my work schedule and board requirements, I haven’t had the time. Then COVID descended. I found myself with the opportunity to cook more often for my husband,...


Dueling Perspectives: Private company share structures

Published October 21, 2020 Barbara Spector | Departments

Business families have a variety of options for structuring shares in their company to meet the needs of the family and the business. We asked George Quarles, a third-generation owner of Quarles Petro...


November/December 2020 Family Matters

Published October 21, 2020 | Departments

Second-generation family member Lynn Houston Moore has been named CEO of HJI Supply Chain solutions, based in Louisville, Ky. Her promotion marks the culmination of a six-year succession planning stra...


At the Helm: Joseph C. Richert

Published October 21, 2020 Patricia Olsen | Departments

A few minutes with the chairman and CEO of Special Tree Rehabilitation System, Romulus, Mich.


Celebration Corner: Ralph's Italian Restaurant's 120th anniversary

Published October 21, 2020 Barbara Spector | Departments

The country’s oldest family-owned Italian restaurant had a monthlong virtual celebration featuring contests and nostalgia. 


Tips on interviewing law firms

Published October 21, 2020 F. Douglas Raymond III | Departments

Readers frequently request guidance on how to evaluate advisory firms. This series of articles presents information on how to interview and compare advisers in a variety of disciplines.


Vertex goes public during a pandemic

Published October 21, 2020 Barbara Spector | Departments

Executives of any company that goes public will tell you the process leading up to the IPO is grueling. For family-controlled Vertex Inc., which began trading on Nasdaq July 29 under the ticker symbol...


Hold, Fold or Sold

Published October 20, 2020 Chris Yount |

How to think about the future of your family business.


Protecting the economic engine of your family: Wealth management

Published October 14, 2020 Chris Yount |

As family businesses grow, so does family wealth. Eventually, that capital will transition from being a byproduct of your business into a business all its own.The most crucial step in being a good ste...


Yuengling partners with competitor to extend its reach

Published September 27, 2020 Barbara Spector |

A joint venture with another player in your industry can have a high payoff — if you approach it in the right way.



The Inevitable Shift

Published September 27, 2020 Whittier Trust |

Family businesses and family offices will see an inevitable shift, seeking independent advice, as G1/G2 becomes G3/G4.


Charting an estate planning course in uncertain political waters

Published September 22, 2020 James I. Dougherty |

In addition to focusing on safety and cash flow during the COVID-19 pandemic, family business owners must be mindful of the upcoming November election and the likely impact of the results on estate ta...


5 keys to success in any family business

Published September 14, 2020 Chris Yount |

Running a business is hard. Family life can be hard. Running a family business can seem impossible at times. In addition to the difficult decisions you must make every day for the company, you must al...