Examining survey results from 1,000 of the world’s largest and oldest family-owned businesses.read more
As an entrepreneur with businesses on both sides of the family tree, I’ll admit, this question — of whether a family business need systems — stumped me for a long time. After all, family businesses are usually composed of employees who know each other well, communicate all the time and have a different set of challenges than other companies.
For many people in this industry, retail and family go hand-in-hand. While running a family business is rewarding, it is not always easy. Here are 10 tips family business leaders can implement in any retail operation.
When I decided to launch my family business advising/coaching firm, I knew exactly what I wanted for my logo – our national bird: the distinctive bald eagle.
Accountability is a differentiator for families in business because it gives us a way to be authentic and explicit with each other in an environment that can be rife with complex communication dilemmas.