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Henry Hobson is a widowed blowhard who fancies himself superior to everyone because he owns a shoe business. Hobson’s daughter Maggie actually runs the business, but Hobson does not. ....
“Legendary was the Xanadu where Kubla Kahn decreed his stately pleasure dome.” Legendary too were the colossal errors made by Mary Kane in this celebrated classic movie which follows a. ....
Monetized Installment Sale - IRS Finally Says It Does Not Work forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
SunStar + February 22, 2021 Founders and business owners must never toy around with a family member’s remuneration package. It is a very sensitive topic as it involves money. Paying them less than what they are capable of doing is not just downright dangerous but can compromise relationships among siblings and relatives. On the other hand, paying excessive compensation to those who are not deserving can demoralize non-family employees, inevitably leading to higher attrition rate and poor performance. Unless business owners confront pain points over compensation, this problem will continue to sow division within the enterprise. I am sharing a portion of an email sent to me a few months ago by Larry, a 67-year-old founder of a successful family enterprise: “My wife and I are extremely grateful that you never gave up on us. The turning point was when you were able to clearly articulate the dangers of overcompensating my children. I recall what you ....