Family Business Archives

‘Succession’ Dramatizes How Not to Run a Family Business

Even the most die-hard fans of Logan Roy, the fictional family patriarch at the heart of HBO’s hit show “Succession,” have sat back at times and thought, “Well, that’s no way to run a family.”...

byColin McMahon

April 10, 2023

WJR Business Beat: How to Make A Family Business Last Generations (Episode 402)

In this Business Beat, Jeff talks with Weingartz family members who explain what makes a family business thrive for generations. Tune in to today's Business Beat to learn the characteristics that lead to long-term success:...

byStartupNation

May 4, 2022

Launching a Family Business? Keep These 3 Things in Mind

Are you wanting to start a family business? If so, you’re not alone. According to the United States Census Bureau, roughly 90 percent of American businesses are either family-owned or controlled. The size of these...

byMatt Jeffery

April 11, 2022

Shattering Myths: Tips to Successfully Launch and Run a Family Business

Starting a family-run business is a great way to build a legacy and earn money based on your own terms. The impact the coronavirus pandemic has had on American job loss has more individuals ditching...

byHenry Wall

December 12, 2021

12 Keys to Family Business Success

Family members start a major portion of new businesses launched in the U.S. every year. Brothers come to mind, of course, when it comes to family business. Whatever the family ties, however, starting a business...

byThe Sloan Brothers

September 21, 2021

Starting a Family Business? Avoid These 5 Mistakes in Your Continuity Plan

The following is excerpted from "The Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise" by Josh Baron and Rob Lachenauer (Harvard Business Review Press, 2021). It may seem counterintuitive...

byJosh Baron and Rob Lachenauer

March 2, 2021

WJR Business Beat with Jeff Sloan: Blake’s Hard Cider is a Winning Formula (Episode 163)

On this morning's WJR Business Beat, Jeff shares the story of a visionary entrepreneur in our region, Andrew Blake. Blake, a third-generation entrepreneur, came up with an idea to expand his family business by creating...

byStartupNation

January 19, 2021

Thinking of Starting a Business with Your Spouse? 5 Tips to Ensure Success and Productivity

It’s not uncommon for couples to consider going into business together. After all, your life partner is an easy pick, as many spouses are loyal, supportive and even share the same dreams and goals. Plus,...

byStephen and Michelle Kohler

January 5, 2021

Women in Business: StartupNation Radio feat. Jennifer Kluge and Jana Brownell

On today's episode of StartupNation Radio, Jeff is joined by co-host Norm Pappas, president and CEO of Pappas Financial. Together, they interview two accomplished entrepreneurs: Jennifer Kluge and Jana Brownell. StartupNation exclusive discounts and savings on Dell...

byStartupNation

November 28, 2020

Winners in Business: StartupNation Radio feat. Bruce Liebowitz and Marci Taran

This episode of StartupNation Radio is brought to you by Pappas Financial On today’s episode of StartupNation Radio, Jeff is joined by co-host, Norm Pappas, president and CEO of Pappas Financial. Together, they interview two guests who...

byStartupNation

August 29, 2020

WJR Business Beat with Jeff Sloan: Tricia Ruby (Episode 57)

On the WJR Business Beat this morning, we're featuring the story of Tricia Ruby, a great entrepreneur right here in the metro Detroit region. Tricia is the CEO of a structural engineering company known as Ruby+Associates,...

byStartupNation

May 19, 2020

StartupNation Radio feat. Ruby+Associates and 1-800-SWEEPER

On this episode of StartupNation Radio, Jeff is joined in the co-host seat by Norm Pappas, president and CEO of Pappas Financial. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here To...

byStartupNation

May 16, 2020

This Mother-Daughter Duo Offers Lessons in Entrepreneurship After Building Their Own Successful Startup

There’s so much great advice out there on how to start a business, but you never really know what’s real until you do it. I not only dove in head first, but I also did...

byChessa Eskandanian-Yee

August 12, 2019

7 Tips for Running a Business with a Family Member

Many people cannot imagine working or partnering with a family member. The idea of negotiating and communicating with familial ties each day is simply too stressful for some. However, many businesses around the world contain married...

byDavid Lloyd

June 7, 2019

What Mom and Pop Shops Need to Do to Stay in Compliance

Each year on March 29, we celebrate the owners of Main Street’s small businesses and startups with National Mom and Pop Business Owners Day. As the backbone of the U.S. economy, these family-run companies pack...

byMyCorporation

March 29, 2019

5 Tips for Running a Family Business

The family business, whether it be a startup or a generational institution, is part of an idyllic American dream for some. Whether or not a family business owner plans or hopes to pass the business...

byNav

October 5, 2018

How 2 HGTV Entrepreneurs Overcame Major Co-Founder Discord

It’s one of the most common issues that startups face, and also one of the most destructive: discord and conflict between co-founders. In fact, research from the Harvard Business Review found that 65 percent of...

byLucas Miller

December 22, 2017

Top Leadership Traits Needed to Successfully Manage a Family Business

It wouldn’t be a stretch to say many people don’t like change of any kind. The status quo, which is known, is usually preferred against something new, which is unknown. With respect to a family...

byDenise Federer

April 6, 2017

Relentless Lori Blaker Takes Her Family Business Global [Radio]

Welcome to another edition of StartupNation Radio, where we discuss how making it to the top of a family business is harder than you think. There are some who say that you’ve got it made when...

byStartupNation

June 25, 2016

Hay Hotels…Anyone?

Interesting article in the NYTimes: Leave it to the Germans to combine livestock with lodging. In the last decade, hundreds of farms throughout Germany have transformed old barns and potato warehouses into heuhotels, or hay...

byChristine Haskell

October 22, 2008