Category Archives: Family owned business
For business owners looking to improve employee relations and motivation, there is so much expert knowledge readily available as a product, and often for free. Continue reading
Across North America, baby boomer small business founder-owners will have a business transition in their near future – Only about a quarter of them have a plan. Continue reading
When business owners start looking to the future of their business and succession planning, there are some common issues that arise… Continue reading
During a business goal setting meeting this week with a business owner client, I had a bit of an epiphany on how to really take a small business forward… Continue reading
In doing succession and estate planning for businesses, it is important to work through various scenarios and timing of life events and plan for each of them. Continue reading
One of the intangible assets of any small business is its culture or style. In developing your own style for your business, there is a big difference between operating it ‘like a family’ or operating like a large ‘corporation’. Continue reading
Family and business can be like oil and water. The two dynamics are often complete opposites. Here are some tips to help deal with the challenges that are unique to family businesses.
Family decisions can be completely emotional – Business decisions can be unemotional.