Archive for October 31st, 2004

Sole Proprietorship with Your Spouse

Nolo: “If you are going into business for yourself and your spouse will help out a little, you don’t necessarily need to hire your husband or wife as an employee or independent contractor, nor do you need to form a partnership, LLC, or corporation. If you follow certain guidelines, you can continue to operate as [...]

 

Lessons from America’s Oldest Family Companies

Family Business Magazine: 1. Stay small. “The meek shall inherit the Earth” is more than a Biblical platitude; it may actually be sound long-range business advice. About half of our listed companies employ fewer than 15 people, and many have fewer than ten. Conversely, only seven of our “largest” family companies (Autumn 2002) also made [...]