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  • A pioneer in the concession industry

    At the 1893 World’s Fair, a Ferris wheel pierced the sky. Tosty Rosty, a small mechanical clown, peered from a steam-powered popcorn machine.

    Charles Cretors invented that machine, whic...

  • Tips on finding the right mix of board members

    The percentage of family businesses with a board of directors is on the rise. In fact, many of the most successful family businesses use boards. Yet companies without a board tend to struggle with ...

  • The board's role in the search for a non-family CEO

    There is often an assumption at family firms that the family tree will always provide the right leadership for the organization. But this doesn’t always hold true. Take, for example, a global...

  • July/August 2012 Openers

    For many young people, summertime means a break from school, trips to the beach, amusement park rides, barbecues and ice cream cones. For many high school and college students whose families own a ...

  • How to avoid the 'cyberazzi'

    The paparazzi, with their clicking cameras, are notorious for stalking celebrities to feed the public’s curiosity about Hollywood stars. The reality of modern society is that you, too, have s...

  • A constitution is a tool to preserve a family's legacy

     

    As families and their businesses grow over multiple generations, the number of individuals involved in a family business naturally increases, family members’ expectations regarding t...

  • New leaders must be prepared for uncertain times

    The phrase “new normal” made a comeback after the financial crisis, suggesting a fundamental shift in the economic and business landscape. A few years on, many family enterprises are st...

  • Family business longevity examined in a new light

    In this issue, we celebrate the longevity of America’s oldest family businesses—companies that have been continuously owned by the same family for 155 years or more. Sustaining a family...

  • Is sustainability a priority for your company?

    Sustainability is serious business. A well-developed sustainability plan will help your company to mitigate risk and will position it to leverage opportunities for value creation. Sustainability is...

  • Economy Next

    In the past 50 years, many family businesses in a variety of industries have become extinct, or at least endangered species. The odds of a family business lasting three generations have always been...

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