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Survival strategies to navigate your family business through the pandemic

Published March 30, 2020 George A. Isaac |

Family businesses are the backbone of our U.S. economy. Yet many are in serious jeopardy due to the unprecedented coronavirus pandemic. Most businesses are now experiencing significant revenue decreas...

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Family-owned store chain donates supplies to hospitals

Published March 30, 2020 Margaret Steen |

As the COVID-19 pandemic grew, nationwide retailer Harbor Freight Tools removed protective gear that could be used by medical professionals from its shelves and distribution centers. Then the company,...

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Values-based COVID-19 employee communications

Published March 24, 2020 |

During the first three weeks of March, Paul Darley, third-generation president, CEO and chairman of W.S. Darley & Co., kept a watchful eye on the spread of the COVID-19 coronavirus.The company, fo...

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At the Dawn of a New Century

Published March 23, 2020 April Hall | Feature Article

The Jones family is celebrating the 100th anniversary of Dawn Foods this year, but they weren’t always bakers. The family entered the business in 1935, when patriarch Marlin Jones joined Dawn Donut ...

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Gender parity in family business: How long till we get there?

Published March 23, 2020 Barbara Spector | Feature Article

When Charlotte Lamp was growing up in the 1950s and ’60s, no female family members worked in her family’s business, Port Blakely. The company, which is based in the Pacific Northwest and has been ...

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A fresh start

Published March 23, 2020 Barbara Spector | Feature Article

If you’ve ever bought bread from a grocery store, you’ve probably noticed the plastic clip that closes the packaging. You may not realize that a family business — Kwik Lok Corporation, founded i...

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Does your board of directors have an old boys'/girls' club problem?

Published March 23, 2020 William B. Goodspeed | Advisers

The board selection process in family companies at times can appear rigged to perpetuate incumbent directors. Is this a good or a bad phenomenon? That depends on many factors.Imagine the frustration o...

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On the distaff side

Published March 23, 2020 Barbara Spector | Departments

In March, the United States celebrates Women’s History Month with exhibits, scholarship and events at the Smithsonian Institution, the Library of Congress, the National Archives and other federal in...

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Powerful in pink

Published March 23, 2020 Caro U, Rock | Departments

In recognition of the 100th anniversary of women’s suffrage in America, Family Business is dedicating this issue to strong female leaders. I count my grandmother among them. In fact, Grandma Selma, ...

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March/April 2020 Family Matters

Published March 23, 2020 | Departments

Robert Matthews (Matt) Beall III has been named CEO of Bradenton, Fla.-based retailer Beall’s Inc.Beall is the great-grandson of Robert Matthews Beall Sr., who founded the company in 1915. As a stud...

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Dueling Perspectives: Kathy Munson and Jill Jensen

Published March 23, 2020 Barbara Spector | Departments

Crescent Electric Supply of East Dubuque, Ill., was founded in 1919 by Titus B. Schmid. The Schmid family is now in its fifth generation. At the time of the company’s centennial celebration last yea...

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At the Helm: Patricia Walllwork

Published March 23, 2020 Patricia Olsen | Departments

Generation of family ownership: Third.Revenue: More than $135 million.Number of employees: Over 500.Years with the company: 16.First job at this company: In high school, I worked in the plant washing ...

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Celebration Corner: Zoeller Company's 80th anniversary

Published March 23, 2020 Barbara Spector | Departments

The Business: August “Pop” Zoeller started designing and building pedestal sump pumps in the basement of his Louisville, Ky., home in 1939. The business operated from there until 1949, when he mov...

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Tips on interviewing executive search firms

Published March 23, 2020 Lee Ann Howard | Departments

Even if you have a deep bench at your company, there are times when an internal candidate is either not ready or not right for the leadership role you need to fill. Today, because of a high demand for...

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Building a solid lumber company

Published March 23, 2020 Hedda Schupak | Departments

Isabelita “Lita” Abele, the CEO of Woodbury Heights, N.J.-based U.S. Lumber Co., has a simple formula for success: Be persistent, be honest and remember the gatekeeper.That’s probably because th...

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How is COVID-19 affecting your family business?

Published March 23, 2020 |

How is your family business managing in these challenging times? What are your strategies for running your business and connecting with your family when experts are urging social distancing? What are ...

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Opinion: Family Business and Coronavirus Fears

Published March 17, 2020 Dale G. Caldwell |

The coronavirus pandemic has impacted more lives than any other crisis in recent U.S. history. Tragically, this ailment has led to the death of some patients who were already suffering from an illness...

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Gojo working around the clock to keep up with hand sanitizer demand

Published March 14, 2020 April Hall |

A third-generation family business is front and center in the fight against COVID-19.GOJO Industries developed Purell hand sanitizer in 1988 and the product is in dispensers in schools, building lobbi...

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Decision making in the time of COVID-19

Published March 9, 2020 Barbara Spector |

As the COVID-19 coronavirus spreads around the world, businesses must contend with a host of issues, including supply chain disruption and employee absences.Family business owners who have developed a...

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A communicable illness plan helps your business manage risks

Published March 9, 2020 Karen Masullo |

Does your family business have a communicable illness plan? Unlike the disasters for which most companies are prepared, a pandemic will not primarily affect equipment and facilities, but rather the pe...

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