Family Business: Tradition or Superior Vision?

Family Business: Tradition or Superior Vision?

(by Adrienne Selko for Industry Week) Business is personal for Eric Miller, CEO of Miller Welding and Machine Co. When he was in college, his grandfather, Dave R. Miller, made the “big decision” to expand the family business from a machine and welding shop into an...
Surviving in a Family-Owned Small Business

Surviving in a Family-Owned Small Business

(Courtesy of Robert P. Scott) You go into a new small business and need help. Who can you trust? Your first thought is of your family or relatives. After all, they are the ones who love and care about you more than anyone else on the planet, right? Well, yes and no....
Running a Business with a Sibling

Running a Business with a Sibling

(Courtesy of Settled.co.uk) For some people, the idea of starting a business with a sibling is unthinkable – they are the person you fight with when growing up and then compete with in adulthood. However, for others, there’s no-one they’d rather share the journey of...
The Best Way to Move a Family Out of Conflict

The Best Way to Move a Family Out of Conflict

(by Megan Juday as appeared at FamilyBusinessStrategyGroup.com) Many families who own family businesses have conflict embedded in their culture. Often it starts a generation or two before the current generation. Conflict gets passed down through the generations as...

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