Success Stories

Recent Success Stories Articles

Empire of the Sons

Here's why the three brothers who founded Pac-Van, the 1999 #1 Inner City 100 company, decided to stay close to the inner-city location where both their fath...  Read more

Hiring In-Laws: The Kiss of Death

Hiring in-laws into a family business can lead to company-threatening disasters. The reason? They'll try to prove their value to the company by changing the ...  Read more

Making the Best of Both Worlds

Jade Systems Corp., a computer reseller on the 1998 Inc. 500 list, is based in two dramatically contrasted locations--a gritty section of Long Island City an...  Read more

Famous Splits

A look at what happened when well-known husband and wife entrepreneurial teams decided to divorce. Includes what each partner left with, and the present stat...  Read more

Business 101: Family-Business Planning

Last April 73-year-old Herman Shooster flew from Florida to Texas for surgery on a stomach aneurysm, a procedure that would keep him from running his comp...  Read more

Passing the Torch

How you transfer your company to your children depends on your financial situation, your vision of the company's future, and the confidence you have in th...  Read more

Resources for Family-Run Businesses

Craig Aronoff and John Ward are the authors of Another Kind of Hero: Preparing Successors for Leadership and Family Business Succession: The ...  Read more

Could Your Kids Run Your Company?

If you dream of a family dynasty, it's time to start planning. Last April 73-year-old Herman Shooster flew from Florida to Texas f...  Read more

We're Outta Here

A business owner describes the drawbacks to running a business at home and explains why she and her husband are happier now that they've moved their business...  Read more

The Antihero's Guide to the New Economy

Doug Mellinger, founder of PRT Group, is hailed as an entrepreneurial antihero. Read how he created a wildly successful software design company that isn't ce...  Read more

Strife With Father

CEO Ben Chase is a confident salesman and former college decathlete now running a fast-track company. His vice-president, Mike Chase, has similar qualitie...  Read more

Refined Taste

Companies benchmark innovators all the time: Microsoft, Ben & Jerry's, Toyota, and Southwest Airlines all do it. But Bob Davis, CEO of Davis Cos., has ide...  Read more

Bringing On Baby

Richard Doyle doesn't hire only people who are the youngest children in their families, but he does think they fit in especially well at Mass. Bay B...  Read more

Should You Leave the Company to Your Kids?

Business owners take sides on the issue of leaving your business to the kids when you retire.  Read more

Theory of Relativity

  Read more

I Was a Teenage Werewolf Lover

A short quip from a publisher who broke into the industry as a teenager with his pals.  Read more

The State of One Small Family Business: Crane Co.

A look at some of the milestones and hardships a 200-year-old family business has encountered.  Read more

The Blood Knot

A restaurant owner explains some of the pitfalls of running a family business.  Read more

Benchmark: Family Businesses on the Go

Some data comparing some traits of high-growth family owned businesses to low-growth family owned companies.  Read more

Family Business: Preparing for Succession

A quick look at how a succession plan allows for a smooth transition in the event of a tragedy.  Read more

Benchmark: Sources of Conflict in Family Businesses

Three graphs that display the hottest issues of contention between generations in long-term family businesses.  Read more

Management: There Are No Simple Businesses Anymore

An up-close look at a family business wrestling with the new, complex rules facing today's small business.  Read more

Family Business: Tough Love

Some thoughts on how to craft a family-employment policy, and how to order a free two-page outline on the same topic.  Read more

Are Your Kids Good Enough to Run Your Business?

Even if you've never considered your company a family business, that question could be very important.  Read more

Setting the Stage

Jim Henson's son Brian writes about how he and his siblings filled his famous father's shoes in the family business.  Read more

Sole Survivor

One third-generation family business has survived imports, mergers, offshore manufacturing and new technologies.  Read more

Black Entrepreneurs: A New Generation

As traditional black-owned retail and service businesses decline, new, more ambitious black entrepreneurs emerge.  Read more

It's Just Not the Family Way

A nationwide survey asked family-owned companies to rate the importance of various sources of financing.  Read more

Bored With the Board

Reader-to-reader advice.  Read more

Family Feud

Professional mediators can help resolve family-business disputes.  Read more

So Much for an Easy Succession

Chart showing steps family-business owners have taken to ensure the family's continuing participation.  Read more

Death, Where Is Thy Sting?

Chart of family-owned business owners' concerns about ownership succession.  Read more

Managing Diversity

One company owner's management techniques help to make immigrant workers feel welcome.  Read more

Network: July 1992

Network questions and answers.  Read more

Fathers and Sons

First-person account on the questions of succession how a family business changes your life.  Read more