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Family Business 101

Family Business 101
 
Family Business 101 is our ongoing series to cover the creation, structure, planning and challenges unique to family businesses. Click below to start reading!
 

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The Greater Washington DC Family Business Alliance is the area's “go-to” resource for information regarding the issues and challenges that are important and specific to family businesses.

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Poll

What is the biggest challenge for a family owned business?
 
 
Latest Blog Posts
Mad About Madoff: How Much of the Family Business Did This Family Know About?

Posting by:  Debra Andrews
Date: July 10, 2009

You would have to be living in a cave to not know about the Bernie Madoff controversy and its results.  Or perhaps you are living in the cave because you lost all your money in his Ponzi scheme, and you had to go to the public library to read this blog posting on one of their computers.  Either way, there’s no point in this blog discussing how horrible this scam was, or how it affected countless victims, with more discovered daily.  But as with most thieves and other ethically-challenged individuals, there usually exists a more personal story, and a family.  Especially when several family members work for the criminal in question.

 
Cultivating a "Hospitable" Environment for Marriott's Non-Family Leadership

Posting by:  Geoff Brown
Date: July 8, 2009

There was big news in the hospitality industry last week when Marriott International announced that someone other than a Marriott family member, Arne Sorenson, would be taking over as President and Chief Operating Officer, putting him clearly in line to succeed Bill Marriott as the CEO.  Bill and his father, J.W. Marriott, have been the only two CEOs the company has ever known.

 

 
Transforming a Century-Year-Old Business

Jack Moore, a former family board member of Benjamin Moore & Company Paints, leads a discussion with family business owners and members regarding the transformation of his own family business and its later $1 billion sale to Warren Buffett.

http://podcast.intersource.net/2008/04/04/leadership-breakfast-maryland-jack-moore/

 
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Washington Business Journal
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