Tag Archives: Family Business

The Price brothers used pig noses and Philly can-do spirit to build a national advertising brand

You might not have heard of Oink Ink Radio, but you’ve definitely heard at least a few of the commercials being churned out by the brains of co-founders (and brothers) Dan and Jim Price. Oink Ink, which specializes exclusively in radio ads, is celebrating its 25th anniversary in 2017. Over that time, the company has gone from occupying a tiny space at Philly’s legendary Baker Sound Studios to becoming a national player with offices in New York and Los Angeles.

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How the Beall family built Ledo Pizza into a regional franchise empire

Ledo

Jamie Beall and his brother Rob Beall, who serves as Ledo’s CEO, were born into a restaurant family and grew up in the kitchen. Robert M. Beall, their father, started franchising Ledo Pizza in 1989, and the business has grown by a few locations a year ever since. Rob and Jaime, in more recent years, have taken the reins of the longstanding family brand.

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5 mistakes to avoid when transferring a family business

An older couple instructing their adult son on a business venture

Thought Leadership on Closely Held Business Law presented by Donnelly Ritigstein. “It is time I stepped aside for a less experienced and less able man.” – Scott Elledge. Despite its critical importance, transfer of a family business is often approached with the finesse of a broadsword, not a scalpel. Whether because of fear of offending the next generation or hubris or simply ...

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Lessons learned from family business resilience

Why have family companies defied their obituaries? Many of them continue to suffer from serious problems: witness the recent debacle at Portugal’s Espírito Santo. But, particularly in the West, family firms have far fewer defects than in the past, largely because they have got better at addressing their obvious weaknesses. These days it is rare for a family boss to ...

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Family business leaders discuss succession planning

RT Family Business Graphic

For a family business, succession planning is no small matter. From choosing which relatives to carry on the family name to arranging a financial transaction that benefits all parties, the process gets complicated. That’s why SmartCEO gathered six family business leaders to shed light on how they’re facing down those challenges. The transcript that follows highlights just a few of the thoughts and experiences they shared at our Family Business Roundtable.

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