Ursula Scroggs

Family businesses have a long tradition of investing in people — not just as workers, but as an extension of the business itself. Whether employees are relatives or long time team members, caring for their long term well being is often seen as both a responsibility and an opportunity. One of the most impactful ways family business owners can support their teams while strengthening the...

PCIA started small, but has grown into a respected agency.

Overcoming 'common pitfalls' can help family businesses to conquer challenges and lead to success.

Differing opinions on business operations can lead to misunderstandings and potentially cause long-term damage. The key is to balance family love and support with the focus on business growth and a harmonious work environment.

There are options to protect the family business in a divorce without a prenuptial agreement.

Experts offer advice on setting financial goals for family business as the new year gets started.

Nothing causes a family business more distress than conflict and, even more so, the inability of family members to communicate. Do these questions and statements sound familiar? “We’re afraid to leave the business to the kids because they always fight among themselves.” “Why won’t dad listen to me?” “I don’t trust my sister to run the business.” “Who’s going to run the business when you’re gone?” “Every time we get...

Experts say creating a strong succession plan can be in the best interest of everyone involved in the family business.

Experts say these "commandments" for family businesses have "stood the test of time."