Family Biz: 5 Tips on Working With Family
Hiring family can be good for your business if you manage them well. Today BlackEnterprise.com will give birth to the newest member in our family of franchises: The Family Biz blog. Every Monday...
View ArticleFamily Biz: 5 Questions to Ask Before Hiring Relatives
The Wayans made entertainment a family business, but that doesn't mean it was easy. Hiring relatives to work for your Family Biz can get quite touchy. Even if you need the extra help, there is always...
View ArticleFamily Biz: When Your Business Partner is Your Spouse
Husband and wife Brian and Autumn Merritt own Sir & Madame boutique in Chicago When your business partner is your spouse it’s important to take extra measures to keep any work conflict from...
View ArticleFamily Biz: 3 Things to Include in Your Buy-Sell Agreement
Julie Gordon White advises families to draft a buy-sell agreement, which will help them decide how to break up a company in the future. Running a business is difficult enough without family power...
View ArticleFamily Biz: 5 Conflict Resolution Tips for Spouses in Business
When partners in love decide to become partners in business, conflicts are bound to arise. Whether they disagree on the name of the company, who manages the money, or the best time to talk company...
View ArticleHow to Hand Down the Family Business – Part 1
C.H. James III is the fourth generation of James men to run his company, C.H. James Co. Between C.H. James III, his father, his grandfather, and his great grandfather, the James men have learned that...
View ArticleSteps You Need to Take to Start a Family Nonprofit
Ulysses Owens, Jr. traveled the world as a professional jazz drummer, performing with world-class musicians from Patti Austin to Wynton Marsalis. But when he returned to his hometown of Jacksonville,...
View ArticleEntrepreneurs Conference: Get Your Product On The Shelf and Into Major Retail...
Lefty’s Barbecue started out as rib joint founded by Walter Nash Sr. (a.k.a. Lefty) and his wife, Margaret, in 1989 and was later opened as a full-service restaurant. Nine years later, Walter Nash Jr....
View Article5 Mistakes To Avoid When Hiring Relatives
It is hard to be objective about hiring relatives, especially a son or daughter. But you have to objectively ascertain people’s strengths and weaknesses before you bring them into the family business....
View ArticlePoll: Local and Family-Owned Businesses Get Most Favor From Americans
New data show small businesses have a deep connection with American consumers. A poll of 2,000 Americans uncovered 67% trust local businesses and 64% have confidence in family-owned businesses. In...
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