December 26, 2024
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Tag: family business

How Amazon’s ‘dirty diapers mistake’ killed this multi-million dollar family business – Times of India

admin03 mins

A small family business selling washable swim diapers on Amazon was ruined after the e-commerce giant resold a used, faeces-stained diaper to a customer, according to a report from Bloomberg. Paul and Rachelle Baron, owners of Beau & Belle Littles, say their once-thriving company has been devastated by a single one-star review left in 2020….

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If the shoe fits: Family, business and how the Liberty Group is working on its succession planning – ET Retail

admin019 mins

With multiple stakeholders in the family business, succession planning is not only important to pass on the group wealth to the next generation but also to avoid bitter disputes. Yet only 19% of Indian businesses have conflict resolution mechanisms in place, according to a family business survey by PricewaterhouseCoopers (PwC) India in 2023. Just 34%…

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