In a time when American manufacturing is outsourcing, automating, and downsizing, the story of the Avedis Zildjian Company sounds like an urban legend: a 390-year-old manufacturer of cymbals that has never laid off a worker, at least in recent memory.
Rather than lay off employees when their jobs are automated,... Read More »
In "The Godfather," Michael Corleone goes against the wishes of his family and shirks a life of organized crime. In "The Jazz Singer," Jakie Rabinowitz rejects the path of his ancestors to sing ragtime on the club circuit. Ditching the family business and striking out on your own is a well-known narrative... Read More »
Many people say it's tough to work with family members, but a lot of people are doing it effectively and profitably. An important factor in the recovery seems to be coming from family-owned businesses: A recent survey of those involved in them shows that 52 percent of respondents plan to add additional... Read More »
Thanks to good food, hard work, and caring about customers, many family businesses, such as restaurants, can make it through the worst of times.
Often, the parents who struggle in the food business don't want their children to have to do it. Instead they dream that the second generation become doctors or... Read More »