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Fortune Small Business - Small Business - Family Business: Crossing Over
SPECIAL FEATURE family business Crossing Over The Crowleys own two businessesaski area and FORTUNE small business Sunday, December 1, 2002 By Paul Hochman
http://www.fortune.com/fortune/smallbusiness/managing/articles/0,15114,395099,00

Extractions: Chris Crowley, arms folded over his crisp yellow tie, is staring at a very loud, very wet machine. The contraptiona $600,000 Crown Simplimatic soda canner he bought for $225,000is working flawlessly, sweating out a cooling mist of Polar Orange Dry soda pop. A tropical tang suffuses the bottling-factory air. The humid, citric spritz would be calming if it weren't for the noise. The machine roars: In the minute he stands there, the Simplimatic fills, tops, and seals 1,200 cans. In the next 60 minutes, 72,000 of them will fly by. Crowley, who is vice president of the Worcester, Mass.?based Polar Beverages, motions me over, pointing at the aluminum blur and the rows of cans gliding toward the end of the production line. "Look at all those skiers," he shouts over the din, "getting on chairlifts."
Chicagobusiness.com
Blue Dates Social Calendar. small / family business. News and Information
http://www.chicagobusiness.com/cgi-bin/portal.pl?id=47
Fortune Small Business - Small Business - Q And A With Jim Collins: Secrets To S
FORTUNE small business Monday, June 17, 2002 By Ellyn Spragins like a newfangled notionto business readers in does it take for a family business to survive a
http://www.fortune.com/fortune/smallbusiness/managing/articles/0,15114,360916,00

Extractions: What enables a company to endure has nothing to do with charismatic leadership and little to do with the products it sells. So insists author Jim Collins, whose first book, Built to Last (co-authored by Jerry Porras; HarperBusiness, $25), spent more than two years on bestseller lists in part because it introduced what seemed like a newfangled notion to business readers in the mid-1990s: history matters. By studying companies that are both enduring and great, Collins hit upon what they had in common a core purpose. Companies like Marriott and Hewlett-Packard knew what they stood for and why they existed, he argues, and as a result could successfully adapt to changes in their markets. Collins's latest book, Good to Great (HarperBusiness, $27.50), shows how companies whose roots foretold neither greatness nor endurance, rose to become exemplary performers. What does it take for a family business to survive a century or more? For answers, we asked Collins.
Parente Randolph - Industries - Small Business/Family-Owned
Certainly, the changing environment affects the needs of small business,and we are here to help you. Working proactively with our
http://www.parentenet.com/industries/small_business.htm

Extractions: At Parente Randolph, our mission is to assist business enterprises in taking full advantage of opportunities and successfully facing the challenges necessary to compete in an ever-changing business environment. Certainly, the changing environment affects the needs of small business, and we are here to help you. Working proactively with our clients, we develop a carefully tailored approach based on your individual business goals and market dynamics. We provide the services and advice needed to chart the course for achieving your desired objectives. Does your business generate up to $10 million in annual sales?
Parente Randolph - Industries - Small Business/Family-Owned
Income Tax Considerations If the vehicle is leased, the lease payment and allrelated expenses are tax deductible to the extent it is used for business.
http://www.parentenet.com/industries/small_business/autos_article.htm

Extractions: Company Vehicle Decisions Should Not Be "Auto"matic Whether financial, income tax or employee benefit related, many closely held businesses are often challenged by issues related to company vehicles. Companies should carefully consider vehicle policies depending upon individual circumstances. Proper forethought can result in significant economic and income tax savings. Lease or Buy If the vehicle is purchased, it must be depreciated over five years. However, if the gross vehicle weight (GVW) is over 6,000 pounds, the vehicle is not subject to the luxury auto depreciation limitations and may be eligible for accelerated depreciation up to $24,000 in the year of purchase. Preserve Your Nest Egg
Small Business Advancement National Center
Home of the small business Advancement National Center hosts a wide range of resources, including many with an academic focus. The small business Advancement. National Center Your Center. for Entrepreneurship and. family business.
http://www.sbaer.uca.edu/

Extractions: Family Business. SBANC Awards Bulletins Conferences and Call for Papers Newsletter ... University Central Arkansas QuickLink Menu Awards Business Plan 2003 Conference Papers Conway Info MBA IMBA Small Business Loan Transportation Conference Position Announcement SBANC Resource Center Business Assistance and Financing Business Plan Databases ... Western Decision Science Institute This material is based on work supported by the U.S. Small Business Administration, State of Arkansas, University of Central Arkansas, Small Business Advancement National Center, and private donations and grants. Any opinions, findings and conclusions, or recommendations expressed in this Web site are those of the author(s) and do not necessarily reflect the views of the above mentioned organizations, institutions or individuals.
Features Item : Small-Town Family Business Rooted In Service
Posted on 05/14/2001. smallTown family business Rooted in Service. By JohnR. Hall / business Management Editor. E-mail him at johnhall@achrnews.com.
http://www.achrnews.com/CDA/ArticleInformation/features/BNP__Features__Item/0,13

Extractions: The 11-person staff of this business in rural south Mississippi is comprised of four electricians and five hvacr technicians. They are jacks-of-all-trades in this business community. Watts said that knowing the air conditioning business means knowing a little bit about electricity, too. He got up to speed on hvac work by taking courses at Pearl River Junior College, the local vo-tech school. Watts said that he gives his employees good benefits as an incentive to stay with the company. Because the town is small (approx. 10,000 population), Watts spreads his service out among the small towns that are within 30 to 45 miles of his business.
South/Southwest: Small-Town Family Business Rooted In Service
South/Southwest. smallTown family business Rooted in Service By John R.Hall / business Management Editor. E-mail him at johnhall@achrnews.com.
http://www.achrnews.com/CDA/ArticleInformation/RegionalNews_Item/1,6084,26632-So

Extractions: The 11-person staff of this business in rural south Mississippi is comprised of four electricians and five hvacr technicians. They are jacks-of-all-trades in this business community. Watts said that knowing the air conditioning business means knowing a little bit about electricity, too. He got up to speed on hvac work by taking courses at Pearl River Junior College, the local vo-tech school. Watts said that he gives his employees good benefits as an incentive to stay with the company. Because the town is small (approx. 10,000 population), Watts spreads his service out among the small towns that are within 30 to 45 miles of his business. Poised for Growth
Parente Randolph - Industries - Small Business/Family-Owned
YOU ARE HERE HOME INDUSTRIES small business/familyOWNED Education. small/family-Owned business. Financial Services
http://www.parentehealthcare.com/industries/small_business.htm

Extractions: At Parente Randolph, our mission is to assist business enterprises in taking full advantage of opportunities and successfully facing the challenges necessary to compete in an ever-changing business environment. Certainly, the changing environment affects the needs of small business, and we are here to help you. Working proactively with our clients, we develop a carefully tailored approach based on your individual business goals and market dynamics. We provide the services and advice needed to chart the course for achieving your desired objectives. Does your business generate up to $10 million in annual sales?
Small Or Family Businesses
family business Links A collection of helpful links for familyowned businesses,from your About.com Guide to small business Information.
http://financialplan.about.com/cs/smallbusinesses/
United States - Small Business - Family Business
United States small business business Bank Directory small/Home Office familybusiness Reference Tools business Taxes business Travel Electronic Postage
http://www.moneycafe.com/resources/UnitedStates/fambus.shtml
Small & Home Based Business Links
Web site design and hosting, colocation services, ISP, ecommerce development, search engine optimization - HiWAAY Internet Services. HiWAAY's proven Internet solutions include business DSL. small business DSL. Residential DSL reliable connections to the Internet for your family - and Real People supporting you.
http://fly.hiwaay.net/small_business/homebased.html

Extractions: HiWAAY offers your business secure, solid solutions and is dedicated to providing you with the latest in Internet technology. Contact sales@hiwaay.net for a free consultation. Business From Internet access to web site design, proven solutions for your business needs. HiWAAY provides a variety of solutions to meet the needs of any business. We can help with one solution or a complete bundle. Small or Home Office High-speed Internet access, web design, hosting and online marketing - services that help you grow. Let HiWAAY provide the necessary tools for your business with our reliable and affordable service. Residential Enjoy fast, reliable connections to the Internet for your family - and
Small Business: Family And Medical Leave By GotTrouble.com
small business family and medical leave by GotTrouble.com. Answers home small business On the Job, family medical leave. The
http://www.gottrouble.com/legal/business/family_medical_leave.html

Extractions: Select Lawyers - - - Bankruptcy Lawyers Criminal Lawyers Family Lawyers Injury Lawyers Employment Lawyers Consumer Lawyers Probate Lawyers Property Lawyers Business Lawyers Immigration Lawyers Tax Lawyers State AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NE NH NJ NM NV NY NC ND OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Criminal Personal Injury Employment Consumer Rights ... Tax The federal Family and Medical Leave Act (FMLA) requires large employers to permit employees to take up to 12 weeks of unpaid leave if they become seriously ill, have complications due to pregnancy, become a parent, or need to care for a family member who has a serious health condition. Not all employees are entitled to this leave. Your state might have a law that covers more employers or gives greater rights than the federal FMLA.
Small Business: Family And Medical Leave By GotTrouble.com
small business family and medical leave by GotTrouble.com. Answers to questionsabout employment law, employment contracts, and small business lawyers.
http://www.gottrouble.com/legal/business/fire_before_contract_ends.html

Extractions: Select Lawyers - - - Bankruptcy Lawyers Criminal Lawyers Family Lawyers Injury Lawyers Employment Lawyers Consumer Lawyers Probate Lawyers Property Lawyers Business Lawyers Immigration Lawyers Tax Lawyers State AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NE NH NJ NM NV NY NC ND OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Criminal Personal Injury Employment Consumer Rights ... Tax Can I fire an employee without "good cause"? Yes, if the em ployee is an "at will" employee. But some employees have contracts that say that the employee "cannot be terminated without good cause." Those contracts probably changed them from being "at-will" employees to "good cause" employees. Those contracts can be enforced even if they are oral contracts [link to employment contracts] rather than written contracts [link to employment contracts] - although it's often harder for the employee to prove there was an oral contract and what its terms were.
Practice Areas/Small And Family Business Group
IN TODAY'S MODERN LEGAL AND business CLIMATE, small businessES AND family businessESROUTINELY NEED EXPERT LEGAL ADVICE as much as larger businesses.
http://www.archerlaw.com/small_family.html

Extractions: IN TODAY'S MODERN LEGAL AND BUSINESS CLIMATE, SMALL BUSINESSES AND FAMILY BUSINESSES ROUTINELY NEED EXPERT LEGAL ADVICE as much as larger businesses. For example, just as big companies do, smaller businesses hire and discipline employees, rent or buy real estate for their offices or facilities, contract with suppliers and customers, use and buy computer systems, collect accounts receivable, expand by purchasing other businesses, and sell their businesses. Small business owners also face personal financial and estate planning issues, which are just as important to them as those confronted by the CEO of a major corporation. HOWEVER, SMALL BUSINESSES HAVE SPECIAL NEEDS that larger enterprises often do not. Legal budgets are typically tighter. Each legal issue frequently has a larger impact upon the success or failure of the business. Disputes among owners can paralyze business operations. Family-run businesses often face succession issues, as younger generations begin to play a greater role in management. Serious estate and tax issues can arise upon the death of family business owners. is composed of attorneys and paraprofessionals who have substantial experience in the business and legal issues commonly confronted by small businesses and family businesses. They come from a variety of the Firm's departments. Each brings an expertise in a specialty area of the law, enabling them to provide reliable solutions to legal problems based upon their up-to-date familiarity with the law as it constantly changes and evolves. In addition, their expert knowledge of their fields allows them to provide answers in significantly less time than attorneys with only a passing familiarity with the issues and the law, in turn reducing our clients' legal costs.
Archer & Greiner, P.C./Small And Family Business Group Newsletter
small and family business Group Newsletter. The Archer Greiner small and familybusiness Group has begun publishing a regular newsletter on related topics.
http://www.archerlaw.com/smallnews.html
Information On Starting Or Running A Small Business: Family Business Solutions C
family firms. These figures contradicted the stereotypical image ofa family business as a small to medium sized firm. In fact many
http://www.sbgateway.com/caseStudiesDetail.asp?section=6&csID=44
Business.com/small Business/family-owned Businesses Featured Advertisers
small business Featured Advertiser Site Map Publications for Home Basedbusinesses; Retail Franchise Opportunities. small business Advice;
http://www.business.com/directory/small_business/family-owned_businesses/sponsor
Business.com/small Business/family-owned Businesses/associations Featured Advert
small business Featured Advertiser Site Map Articles and small businessadvice; Automotive Franchise Opportunities; business Plan Consultants;
http://www.business.com/directory/small_business/family-owned_businesses/associa
Operating Your Successful Small Business: Family-Owned Business
familyOwned business Almost 90% of companies in the US are family-owned.But Communication is vital in a family business. Relationships
http://sbdc.deltacollege.org/inbusiness/family.html

Extractions: Family-Owned Business A lmost 90% of companies in the U.S. are family-owned. But the majority of these don't make it to the next generation and only about 10% make it to the third. Although a family-owned business can be extremely rewarding, it also involves a unique set of difficulties and challenges that must be faced if the business is to survive. The main difficulties in family-owned businesses come from issues such as communication, the stress of working together day-to-day , and surviving succession. Communication is vital in a family business. Relationships can become confusing as family members have to operate in different roles in the family and business. In the business, there needs to be clear mechanisms to deal with conflict that avoids the family dynamics. Successful systems include: establishment of policies before issues arise, regular family business meetings to discuss issues, and working with an outside facilitator to work through conflicts. Management questions also need to be addressed. Establish clear job descriptions and lines of authority so that both family and non-family employees understand the chain-of-command. Often, an independent board of directors can help maintain objectivity in management decisions. Succession is the biggest challenge that faces family-owned businesses. This can be a highly emotional topic for a number of reasons. If a business is to survive succession, it is important to begin the process earlya decade or more is not too soon. This provides the time to discuss the issues and decide how the ownership and leadership will be divided. It also allows time to train the successor. It is also important to set a timetable for succession.

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