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How to avoid family philanthropy conflicts

Published November 15, 2017 |

By April HallOn National Philanthropy Day it’s important to revisit some of the important questions and concerns a family business should address when contemplating family philanthropy or a family f...

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Ferrero is buying Ferrara

Published October 20, 2017 |

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Financing Sources and Solutions for Family Business Growth Capital Needs

Published October 17, 2017 David Guin | Feature Article

Family businesses, like all businesses, must grow in order to survive and thrive.  As the saying goes, business is like a foot race on a road made of live crocodiles. If you keep moving, they wil...

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The moral of the Harvey Weinstein saga

Published October 9, 2017 |

Family businesses must oust harassers -- no matter who they are.By Barbara Spector[[{"fid":"7482","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"f...

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Will the Oracle of Omaha Be Pilot Flying J’s Savior?

Published October 6, 2017 |

Giant family-owned truck stop chain with scandalous history becomes part of Warren Buffett’s portfolio.By Barbara Spector[[{"fid":"7478","view_mode":"default","fields":{"format":"default","field_fil...

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Bacardi Comes Through with Puerto Rico Hurricane Relief

Published October 3, 2017 |

By April HallAs Hurricane Maria pummeled Puerto Rico, the Bacardi family made plans to help the island, working with its private company’s board and executives to line up the necessary resources for...

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The toy business: Not all fun and games

Published October 2, 2017 |

By Barbara SpectorThe news that the Toys R Us chain had filed for bankruptcy hit me hard.[[{"fid":"7466","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":f...

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Lessons for Family Businesses Hit Hard by Irma & Harvey

Published September 14, 2017 |

How one New Orleans business recovered after Hurricane KatrinaBy April Hall[[{"fid":"7436","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"field_fi...

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Dueling Perspectives

Published August 29, 2017 Barbara Spector | Departments

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Effective facilitation can improve family council meeting productivity

Published August 25, 2017 Jeff Strese | Advisers

 Successful family council meetings are often elusive. Picture a family council meeting where the CEO and patriarch sit frustrated, waiting for several members to show. Some members are distracte...

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Why are family businesses better at weathering economic downturns?

Published August 25, 2017 Carrie Hall | Advisers

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Successful family business boards include several common elements

Published August 25, 2017 Brad Bulkley | Advisers

Corporate governance. Yawn.The words are long and drawn out—just like board meetings. You don't have time to sit in a boardroom. You've got production and sales to worry about, and you're down two c...

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Extraordinary families take measures to create good governance structures

Published August 25, 2017 Kristen Armstrong | Advisers

 It's a topic that tends to generate strong, often surprisingly emotional reactions: how to manage the governance concerns of a family enterprise. If nothing else, those in the room typically sna...

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Hard work pays off on the family farm

Published August 25, 2017 April Hall | Departments

Kolt Kyler is a 9-year-old farm-working, grandmother-helping, pig-raising honor roll student. He's also a baseball player—and a Chicago Cubs fan. That's how he got his 15 minutes of fame.[[{"fid":"7...

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The entitlement impediment

Published August 25, 2017 Brian Russell | Departments

Many of my colleagues express frustration that their clients are resisting or delaying implementation of expertly (and expensively!) crafted strategies. Our best-laid plans are only as good as our cli...

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Celebration Corner: Carolina Beverage Corporation's 100th anniversary

Published August 25, 2017 April Hall | Departments

The Business: L.D. Peeler was a franchise bottler for Mint Cola in Salisbury, N.C., but wanted to create a beverage of his own. He often experimented with soft-drink recipes.[[{"fid":"7380","view_mode...

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At the Helm: Paul Darley

Published August 25, 2017 | Departments

By Patricia OlsenGeneration of family ownership: Third generation at the helm with some owners in the fourth generation.Company revenues: $185 million (2016).Number of employees: 240.Years with t...

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Ask the experts

Published August 25, 2017 | Departments

My question concerns a family-owned real estate development company with extensive commercial and residential holdings. It's been in business for three generations. The company is small in manpower, a...

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Publisher's Note: Swimming with the sharks

Published August 25, 2017 Caro U. Rock | Departments

Like 6 million other loyal viewers who watch the television show Shark Tank, I am addicted. Shark Tank features budding entrepreneurs who rapidly pitch their new business ideas to a panel of...

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Editor's Note: Facing forward

Published August 25, 2017 Barbara Spector | Departments

In October 2015, Jeff Westphal, the second-generation CEO of Vertex Inc., announced he would leave that position at the King of Prussia, Pa., company, which provides corporate tax software and service...

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