Category Archives: Family owned business

Who Will Buy Your Business?

By Paul Foster

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

Business, Personal and Team Goal Setting

By Paul Foster

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

Business Style: Family or Corporation?

By Paul Foster

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

Improving the Family Dynamic in a Family Owned Business

By Paul Foster

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.
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