So, You’re in the Family Business… by Paul Karofsky Sandy: When I started to work for you, Dad, you told me I would take over the business. That was thirteen years ago. How long am I going to have to wait? Tom: I guess every father hopes to see his son follow in his footsteps, […]
So, You’re in the Family Business… by Paul Karofsky Ed: You kids have got to make some choices. If you can’t decide who’s going to run the business, I’m sure not going to do it for you. Lilly: But Dad, there are three of us who have worked here for several years. We all think […]
So, You’re in the Family Business… by Paul Karofsky Jean (Mom): You two used to have such a good relationship. But it has deteriorated as the problems in the business have increased. You’ve got to straighten out your personal relationship regardless of the business! Matt (son): Look, we’ve had pricing problems, delivery problems, and our […]
So, You’re in the Family Business… by Paul Karofsky Jeff: Look, Jane, we’ve been partners in this business for three years since Mom and Dad retired. Things have been going pretty well. I thought we understood each other and knew what to expect. I like your husband. I know he’s capable and talented, but I’m […]
So, You’re in the Family Business… by Paul Karofsky Janet: Come on, Dad, how many times will you change the terms of this buyout? Can’t we find a way to wrap this up? Roland: I know, Janet, but your Mom and I have always had two cars. I don’t think the continued use of my […]
So, You’re in the Family Business… by Paul Karofsky Martin: I still don’t know what to do. I want to keep both my family and my business intact and I want to be true to myself at the same time. Ellen has worked for me for 15 years. We’ve grown very close. This isn’t just […]
So, You’re in the Family Business… by Paul Karofsky Carla (wife): I still don’t understand why your father and your brother earn the same money as you. You’re the president of the company. Your brother certainly doesn’t put in the same hours that you do. And your father has been drawing from the company for […]
So, You’re in the Family Business… by Paul Karofsky Stan: You know, Mom, Richard is really unfair. He gives me the worst jobs possible. He says I’m sloppy, and criticizes me in public, and he makes me look bad in front of everyone else. Mom: I don’t know what to tell you, Stanley. He’s your […]
So, You’re in the Family Business… by Paul Karofsky Alan (husband): Since all the Company’s stock is still in my name, I think it’s time to revise my will and do some succession planning. I want to know that you will be properly taken care of if anything happens to me. I also want to […]
So, You’re in the Family Business… by Paul Karofsky Attorney: Since we both have the family’s permission to discuss our thoughts about the company, I wanted to share some of my concerns with you. While the current situation appears stable, I am worried about our client’s son and his long term ability to carry on […]