Word: chapmans
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Princeton Review was founded around the time of Lennon's shooting by some whiz kid who combined Mark David Chapman's obsessive personality with sound business sense. This lunatic registered for every SAT the Educational Testing Service offered, learning the test inside and out. Upon realizing that it was a huge load of crap, our hero went back to his parents' Manhattan apartment and started tutoring. Twenty years later, his business has effectively ended Kaplan's monopoly on test preparation...
...whom in the family a business will be passed down and why--a major decision that can have so many mixed emotions and feelings attached to it," Messervey says. "Had we known my brothers' feelings more about the business, we might have avoided having their feelings hurt," says Marshall-Chapman. "These are very sensitive issues for families...
...Paula Marshall-Chapman, 47, CEO of the Bama Companies, a $140 million Tulsa, Okla., frozen-dough-and-pie concern that started in her grandmother's kitchen in 1927, the road to success has been studded with familial potholes. When Marshall-Chapman took over from her father in 1984, her two brothers were furious that they would not be involved in running the show. The business was changed from a corporation to a partnership, with Marshall-Chapman named general partner. Her parents Lilah and Paul Marshall took their equity out of the business to live on. The structure of the general...
...father saw me as the most likely person to take over the business," says Marshall-Chapman, and she hasn't done badly at all. Bama employs 750 people and has about a 10% annual growth in revenues. But she acknowledges that "my brothers were shocked that they weren't going to be as involved in the business. If we had all just sat down and discussed everyone's needs and expectations, we might have been able to structure things differently and without such hurt feelings." Marshall-Chapman is in the process of buying out the minority shares...
...Marshall-Chapman and the other owners of nearly 13 million family-owned businesses in the U.S., the decision about how to pass the corporate torch gracefully to the next generation is an exercise in reason over emotion, usually coupled with legal wrangling and considerable financial finesse. From the elder generation's point of view, you want to make sure you will be taken care of in your golden years. At the same time, the business must be passed on in a way that helps ensure both its continued success and the financial welfare of the younger generations who rely...