Family Business

Bavarian Inn Lodge Plans $80 Million Indoor Water Park Expansion

Officials at the Bavarian Inn Lodge will break ground on an $80 million expansion project that will expand its water park amenities.

Grobbel President: Book Describes ‘Pillars’ for Successful Family Businesses

EW Grobbel Sons, Inc., President Jason Grobbel talked about successfully running a family business in the latest episode of LinkedIn Live.

Expert: Twelve Commandments for Family Businesses

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

Building Business Value

Identifying Exit Strategies Key to Preparing Family Business for Transition.

Greektown Casino-Hotel in Detroit to be Renamed

Penn National Gaming, the Greektown Casino-Hotel operator announced on Monday the complete $30 million renovation would be completed soon.

Award-Winning Boutique Opening Second Store on Main Street in Plymouth

PLYMOUTH – VITRINE has announced it will open the doors to its new second location, VITRINE on Main, in Plymouth on Dec. 16. VITRINE is a women-owned business known for...

SPECIAL REPORT: Laws, Regulations Crunching Businesses Trying to Survive

States around the country are beginning to reopen, and businesses are trying to climb out of the COVID-19 morass. But many fear cumbersome laws and regulations could make that difficult.

Small-business owners avoid pitfalls, find achievement

Stacia Guzzo did some cancer research of a different color after her mom was diagnosed with breast cancer years ago.

Real estate and construction company celebrates its 45th anniversary and growth

Family-owned businesses are the bread and butter of any community, and Metro Detroit is home to many examples of successful companies where multi-generational owners are the norm. In October,...

If you can’t find equal in estate planning, shoot for fair

Estate plans try to be equal, but sometimes the best you can hope for is fair.

Michigan manufacturer celebrates 75 years as a family-owned business

When Martin Blanck founded his Detroit-based home improvement business in 1944, he might never have imagined it would grow into the longstanding, Michigan-based vinyl window manufacturer Wallside Windows. Blanck was...

Q&A: Dan Musser on how the Grand Hotel preps for the Mackinac Policy Conference

This is “all hands on deck” time for Grand Hotel President Dan Musser III – this week is the Mackinac Policy Conference, which brings more than 3,000 people to Mackinac Island.

What should you do when the CEO ‘stays too long?’

The comparison of the aging athlete to the family business CEO has parallels. There is one huge difference though – the aging athlete is normally retired by a third party. Not so with the family business CEO.

Chip lovers far and wide will celebrate National Potato Chip Day with Better Made

What Detroit now knows as Better Made Snack Foods started as a simple 50/50 partnership between two men – Cross Moceri and Peter Cipriano – who both loved food...

Teamwork, staying agile key to this company’s long history

You may think that after a business celebrates a milestone anniversary – one year for restaurants, a decade or even half a century – they get to rest and relax a little. That would be a mistake.

How to master entrepreneurship — with your spouse

Working with a team of any size can be challenging – but imagine going home with your “work wife” or “work husband.” That’s exactly what Chad and Jami Buchanan...

When the pot is still simmering, family business problems won’t be resolved

Especially in a family business, the single best way to avoid conflict is to anticipate issues and resolve matters before the proverbial pot boils over.

‘How to decide’ could be the most important decision a family business has to...

Governance is a gigantic concept that encompasses global issues down to family dynamics.

Transitional Timing for a Generational Change in Ownership Can Be Key

T.S. Eliot was a famed twentieth-century British poet known for insightful quotes.  My personal favorite is: “This is the way the world ends, not with a bang, but a whimper.”

Before Crisis Strikes in a Family Business, Take Steps to Avoid a Disaster

It was a crisis! The holidays were in full bloom when the family received the news of a potentially fatal prognosis due to a rare disease.
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