As many baby boomer business owners make plans to retire in the near future, their mostly millennial children—who would be second-, third- and, in some cases, fourth-generation owners of the family business—are weighing their options.
Maybe a company's heirs-to-be don't want to have to pack up and return to their hometowns in order to run the business. Or perhaps they've already tested the waters and determined that they simply aren't passionate about their family's line of business. What's more, the potential successor could resent their parents for seemingly forcing them to follow in their footsteps, instead of forging their own career path.
Google, McDonald's, Unilever and Hundreds More Show Biden that 'We Mean Business'
Hundreds of US business and investors have signed an open letter to President Biden to show their support for his commitment to climate action and for setting a federal climate target to reduce emissions.
The Biden administration is expected to announce its "nationally determined contribution" (NDC), pursuant to the Paris Agreement, prior to the Leaders Summit on Climate it is hosting April 22-23.
Investor signatories of the letter collectively represent more than $1 trillion in assets under management and include CalSTRS, the New York State Comptroller, the New York City Comptroller and the California State Controller's Office, among others.
From Walmart To Wall Street: Frank Song's Eight-Figure Business Journey
Former Wall Street investment banker and private equity investor Frank Song today runs an eight-figure international business conglomerate and is a confidential strategy advisor to businesses, high-net-worth individuals and politicians. It wasn't always this way.
Successful entrepreneurs agree: it takes resourcefulness, grit and a creative mind to rise to the top.
UT’s ‘Women Who Mean Business’ Program Addresses Decline of Women in the
McCombs School of Business at the University of Texas is debuting their Women Who Mean Business program to address the national decline of women in the workforce.
The six-month leadership development program is designed to help equip high-achieving women with the tools and mentorship needed to navigate rapid career acceleration.
The program will be led by two Texas female CEOs, Gay Gaddis and Lynn Utter. Gaddis, the founder of T3 advertising agency and author of Cowgirl Power, brings an entrepreneurial lens, and Utter, a serial C-suite executive, looks at advancement and the critical needs of businesswomen within a corporate environment.
Bolts Business Highlights: Free Agency Memes and Bolt Academy Kickoff
Matt Miller joins Hayley Elwood to mock who he has going to the Chargers at No. 13 overall, as well as scenarios for picks 1-12.
The JackBoyz answered your questions all season long! Now check out the best moments from their answers, including their opinion on Justin Herbert's famous haircut, their favorite In-N-Out order and more!
Keenan Allen and Mike Williams lead a wide receiving corps that possesses a collection of traits important to team success.
Troy University's Idea Bank open for business - The Troy Messenger | The Troy Messenger
Troy University held an open house and ribbon cutting for its Idea Bank, located on the downtown square in Troy.
The Idea Bank hosts the university's Small Business Development Center and is also home to Troy Bank & Trust's Entrepreneurship Program.
"The Idea Banks is a tremendous addition to Troy University and the Troy community," Troy University Chancellor Dr. Jack Hawkins, Jr., said. "The Idea Banks is a big part of the challenge to make the public and students aware of what the university has to offer."
Louisiana tax rewrite drawing business resistance
Republican state lawmakers trying to muscle through a wide-ranging rewrite of Louisiana's tax laws today ran into the same problem that has bedeviled previous legislative efforts, opposition from special interest groups trying to protect tax breaks given to industry.
The House Ways and Means Committee, which handles tax measures, delayed votes on two bills aimed at paring back myriad tax breaks that Louisiana has on the books. Neither one had an analysis yet from the nonpartisan Legislative Fiscal Office of how much money would be saved from cutting the tax breaks.
Business Briefs – April 2021 - Tri-Cities Area Journal of Business
The playing surface at Washington State University's Martin Stadium is now called Gesa Field under a 10-year naming rights deal valued at $11 million.
Don Miller, president and chief executive officer of Gesa, cast the agreement as an extension of the credit union's commitment to its communities and to supporting educational causes.
"Partnering with WSU Athletics provides Gesa with elevated name recognition to expand our reach and strengthen membership," he said in a statement.
How To Quickly Start And Scale Your Business
Entrepreneurship can be risky, even when you are not weathering a pandemic. The financial investment, time, and personal dedication it takes to get a business or idea off the ground can feel all-consuming. But if you've been bitten by the entrepreneurial bug, you'll understand: when you have a dream or a business idea, sometimes you just have to go for it.
Now the brand is up and running, and Martina has gained a few more entrepreneurial insights since starting a new business during a pandemic.
The GOP-Big Business Divorce Goes Deeper Than You Think - POLITICO
It's not just about voting rights; it's that businesses and the Republican Party increasingly care about incompatible things, says Jeffrey Sonnenfeld.
When a marriage falls apart, the fights are never really about what they appear to be. Another late night at the office isn't about the workload; it's a statement about your priorities. Anger over the takeout order isn't about the food; it's about the fact that you don't understand what your spouse actually likes.
Happening on Twitter
BTS's Business Savvy "Jin Hit" Is Breaking The Rules To Make Extra Cash https://t.co/jSrDc5DFtL Koreaboo (from Worldwide) Thu Apr 15 14:05:00 +0000 2021
Giver of life, shaper of souls, maker of home versus shallow corporate no-one who drinks alone. The right is just a… https://t.co/MAyHjR5MQg andrewklavan (from California) Thu Apr 15 13:37:07 +0000 2021
Elon Musk has used the wild mustangs of Nevada as a selling point to lure workers to Tesla's new 5.3-million-square… https://t.co/BC7wC4JoVQ nytimes (from New York City) Wed Apr 14 14:32:05 +0000 2021
⚡️ "Selling Its Alaskan Oil Business Was a Green Win for BP—Not the Planet" https://t.co/FGfdJiqmt3 climate Thu Apr 15 19:15:03 +0000 2021
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