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Whose Company is this Anyway?
The family owners of Challenge Machinery almost lost control to outsiders. They won't let it happen again.
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Why Can't Family Life Be More Like a Business Lunch?
RELATIONSHIPS
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Power and Priorities
Our 1,076 respondents divide according to generation—and gender—on questions of succession, equality of opportunity, and family politics.
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Advice from a Smart Cookie
Meet Ian Wilson, who can teach a thing or two to sellers and buyers of family businesses.
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Facing the Music in a Divorce
When there's a business in the family, a break-up that pits his appraiser against hers can lead to big problems. But there are steps to get around the worst of them.
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They Know What They Like
What does a family business look for when it buys art?
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The Family Track
For three generations a Carey has been surprised to find himself running an Illinois racecourse. And loving it.
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The Family Foundation Makes A Comeback
You've done well; maybe it's time to do some good. Especially since the IRS has restored a number of tax advantages that make the foundation option attractive again. But you have to pick the right moment.
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The Emerging Muscle of Family Control
News of deep financial troubles at Wang Labs last summer touched off a wave of speculation over why the company, built by entrepreneur An Wang in the Sixties, lost its way in the Eighties. After the b...
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On Working in the Family Business
Pleasures and Penalties, Hopes and Fears
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A Checklist for Nonfamily Managers
Business loyalty is not dead. It's just changed neighborhoods — from Fortune 1000 corporations to hundreds of thousands of family businesses.
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Ruder Finn's Struggle with the N Word
David Finn never thought his children would want to go into the business he started in 1948 with his childhood friend, Bill Ruder. What's more, the 68-year-old executive always believed that nepotism ...
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Masters of Disasters
A key player in the $1-billion Valdez cleanup, Marine Pollution Control is on a roll. In the last two years David Usher's company has seen a quantum increase in jobs, profits ... and family headaches.
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What's Two Hundred Years Old and Runs Like Clockwork?
The Bixler-family's jewelry business stays in touch with the time.
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Parasites vs. Plunderers: A No-Win War
Whether Sallie Bingham was the heroine or the villain in the real-life family business melodrama of the year depends largely on one's point of view. As most of us know from the press reports of her st...
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Paying Fair
Salaries in a family business should be based on performance, not sentiment. When owners can't establish a rational compensation system for their kids, it's often a symptom of a company-wide — and a family-wide — problem.
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How to Put Your Business into Print
It is not uncommon for a big company that has been around for many years to commission a corporate history for the benefit of clients, shareholders, and future generations of managers and employees. F...
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