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Family businesses can go about attracting outside executives to join the family business. They need to be willing to open up high level positions to outsiders if they want to bring in high-level talent that isn't from within the family.

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The U.S. Commercial Service is the champion of American companies that they seek to enter foreign markets. It can work with companies to identify what they should be doing, which market they should be entering, says Suresh Kumar, Assistant Secretary of Commerce, Director-General of the U.S....

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Real monopolies are often totally neglected, and the worst example is when a midsize company is showing a loss on a product that is producing high profits without allocations of overheads says Milind Lele, author of Monopoly Rules. Does the customer only see you? Does the competition not see you...

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The first thing that helps a midsize company commercialize a monopoly is the lack of public information about the company says Milind Lele, author of Monopoly Rules. The moment a midmarket company goes public, everyone knows how much money it makes. Midsize companies must understand why it makes...

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A majority of mid-size companies have a very weak second-tier leadership, says Buckley Brinkman, Executive Director of the Wisconsin Manufacturing Extension Partnership. Many companies get to the brink of collapse before that leader will finally loosen their grip enough to let any kind of change...

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Higher margins and a stable customer base are some of the key payoffs to a focused niche market strategy for a midsize manufacturer.

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A prominent Midmarket CEO discusses best practices for ensuring the long-term profitability, and sustainability of a midmarket family-owned firm.

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Before 1981 all that you could find out in the literature about family business was one article in Harvard Business Review where they wrote about when family members work in the business, it’s bad and there’s rivalry and jealousy and all those kind of things. It was a source of...

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Two executives of Cardone Industries, married to each other, discuss the unique advantages family businesses have over publically traded companies.

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Two midmarket experts discuss the main challenges, opportunities and strategies facing midmarket companies.

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