…Whose family comes first?

So, You’re in the Family Business… by Paul Karofsky Carla (wife): I still don’t understand why your father and your brother earn the same money as you. You’re the president of the company. Your brother certainly doesn’t put in the same hours that you do. And your father has been drawing from the company for […]

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…When the heir apparent may not be so

So, You’re in the Family Business… by Paul Karofsky Attorney: Since we both have the family’s permission to discuss our thoughts about the company, I wanted to share some of my concerns with you. While the current situation appears stable, I am worried about our client’s son and his long term ability to carry on […]

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…Does punctuality really matter?

So, You’re in the Family Business… by Paul  Karofsky Dad: Look, Richard, we’ve had this conversation before. You can’t keep coming in late! Richard: I don’t understand why you’re so angry. You know I’m not a “morning person” and I was up with the baby again. It’s hard for me to get up so early […]

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…Am I my uncle’s keeper?

So, You’re in the Family Business… by Paul Karofsky Jeffrey: Okay, Dad, so he’s your brother. But does that mean we have to put up with inferior work and an erratic schedule that we would never tolerate from anyone else in the business? Henry: I know you’re responsible for our Quality Program, but how can […]

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…When generational perspectives differ

So, You’re in the Family Business…?by Paul  Karofsky Ellen (daughter):I’m convinced the economy is starting to rebound, Dad. All the economic indicators seem to be pointing in the right direction. Charlie (son):I agree. Housing starts and sales are up and mortgage rates are even rising a bit. If we don’t open a new location now, […]

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