Agreements

stewarding family businesses into institutions pillars
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Stewarding businesses into institutions

In light of the many crises that haunt the daily news cycle, there is one segment of the corporate landscape that seems to be weathering the storm better than most: family businesses.

Equality
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Equal isn’t always fair

Parents want to be fair to all their children. When their offspring work together in the business, it isn’t always easy to figure out the best way to do it.

Golden Rule
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Do unto others so they pay up

C. Dan Hunter, founder of Washington Credit Inc., explains his family’s kinder, gentler approach to credit problems.

Partnership
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Passing on a partnership

Five guys named Vellano in the sewer business had good reason to break out the champagne at the start of 1992.

Divide
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A House Divided

The hugely successful trailer rental business founded by L.S. Shoen in 1945 now seems to illustrate all that can go wrong with a second-generation family business.