Contributor - Daphne Mallory, Entrepreneur Magazine, Nov. 14th, 2014 Steven Kraus not only runs a third generation family business, Skyline Windows, but also a business full of families. Based in Bronx, New York, the company was founded in 1921 by his grandfather, Sam Kraus. David Kraus, Steven’s dad, took over the company in 1948. David passed the reigns to Steven, who is grooming his son, Matthew, to become CEO. Steven’s brother and sister also work at the company. In a time when many companies struggle with employee retention, his family business model has supported a culture where many employees have stayed for more than 20 years and refer their family members for employment. I wanted to know Skyline’s secrets to longevity and loyalty. Here’s what I learned.
News Secrets of a Third-Generation Family Business Where Families Come to Work Matthew Kraus Monday, 17 November 2014