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'CHAOS' Brings Order to Family Businesses
Many people make the mistake of thinking that family businesses are simple businesses. Nothing could be further from the truth. The coexistence of two systems with differing ways of thinking—the
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Category:
Commentary
Author:
Salvatore Sciascia
The public sector has long benefited from partnerships with private sector companies that allow innovation and entrepreneurship to flourish. However, government agencies themselves often struggle to
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Category:
Commentary
Author:
Sabra Horne
Of the huge number of businesses that are started each year, hardly any make it to a life-changing sale for the owner. While not everyone’s goal is to sell their business, even those who want to
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Category:
Commentary
Author:
Jodie Cook
Your Family Needs An Emergency Succession Plan
As we all know successions are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the leader of SC Johnson, died unexpectedly in
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Category:
Commentary
Author:
David Deeds
Entrepreneur & Innovation Exchange (EIX) is partnering with the Journal of Business Venturing (JBV) to bring its research-proven insights and practical advice to our audience of current and
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Category:
Commentary
Entrepreneurs, not federal government subsidies, are the key to societal improvements. Consider, for example, the newly passed Inflation Reduction Act. It aims to reduce carbon emissions by giving
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Category:
Commentary
Should Family Businesses Have Employee Ownership Plans?
Like almost all family businesses, Commercial Casework in Hayward, California had to plan for when family owners would want to sell. The company, with about 100 employees, is one of the San Francisco
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Category:
Commentary
Author:
Corey Rosen
Should Family Members Be the 'Face' of Your Company?
Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its
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Category:
Commentary
Like so much else today, the hiring process has radically changed. While it remains important for prospective hires, especially those fresh out of school, to demonstrate concrete evidence of job
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Category:
Commentary
Advice for Untangling Conflict in a Family Business
Janme Sinha became intrigued by family business dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his brother. In
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Category:
Commentary
Author:
Kimberly Eddleston
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