Family Succession Planning: Keys to Doing It Right

By Greg Cory

The statistics involving the lifespan of a family business are kind of grim. While there are a lot of family businesses in the United States — 5.5 million, per some accounts — they don’t all stick around. According to Harvard Business Review, 70 percent of family businesses never become a business run by the second generation. Only 10 percent make it to a third generation.

Got Satisfaction?

By Greg Cory

New study finds your top employee talent may be at risk.



As the saying goes, “be careful what you wish for.” Just a few years ago, franchisors were yearning for less regulation and a stronger economy. Now, with the economy humming along and unemployment rates at historic lows, some franchisors are struggling to grow.

Communicate Your Way to the Best Franchise Relationship

By Greg Cory

No doubt about it, good relationships are good for business, particularly in franchising. But why does the relationship between franchise owner and franchisor break down? There are many reasons beyond the scope of this article, but a logical reason to consider first is the quality of communications between and among the parties.


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