Harry Selfridge, founder of the iconic Selfridges department store in London, was born in Ripon, Wisconsin. He cut his teeth in the retail market by working for Marshall Field’s in Chicago. He even built a mansion on Lake Geneva during those years. But on a trip to London, he saw an opportunity and broke the…
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In the last century, Wisconsin manufacturing companies were a major force in the entrepreneurial economy of the United States. We could not have won World War II without products manufactured in our home state. Most of those companies in Wisconsin were startup family businesses. Many, such as Harley-Davidson, went on to become publicly traded companies…
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What’s not to like about running a family business? There’s a history of success. The family has been running it and understands the business. And the next generation is ready to step up and take over, so succession planning is a no-brainer. Continuing the success of an established family business sounds easy. But guess what?…
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