With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 14th feature in our series, When the heir apparent may not […]
Having adult conversations with your adult children can be difficult, because even though they may be adults themselves, they will always be your kids. And discussing with them how they may – or may not – become the next leaders of the family business can be especially tricky. It requires understanding not only your expectations […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 13th feature in our series, Does punctuality really matter? where Dad […]
Imagine this scenario: your son or daughter is working with you as part of the family business. He or she is planning to get married – will the spouse become part of the business entity or work outside of the organization? Or maybe your brother, who is your partner in the business, is getting married […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 12th feature in our series, Am I my uncle’s keeper? where […]
It’s that time of year when we start to open the windows and let the fresh air in (and maybe let some of the stale air out). We begin to tackle our spring cleaning projects that may have been neglected or pushed aside all winter. As we do with our homes, we should do the […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 11th feature in our series, If men and women are equal… […]
The idea of talking to your parents about estate planning is a daunting one. But in a family business, it becomes even more dicey, because it blends both personal and business details. So how can you raise the topic to your parents and have that difficult conversation without seeming greedy? We suggest openly discussing it […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 10th feature in our series, When generational perspectives differ… where generational […]
Most of the articles on the web about the inappropriate use of emails refer to security, personal use issues and sharing offensive material in the workplace. In our work with family and closely held businesses, we know that their concerns are far more reaching. They center on “courtesy” vs. “rudeness” or downright “hostility.” So here […]