A family business is as the phrase implies, a business that is operated by a family. Many times, people outside of the family will be hired to serve as helpful employees, but upper-level management and ownership usually stays within the family. Family-owned businesses have been successful for hundreds of years, and it’s safe to assume […]
Family Business Articles, Tips and Advice
Family businesses have unique characteristics that can either drive success or create discord. Our goal is to help every family-owned company get on, and stay on the path to success.
5 Leadership Lessons that Will Improve the Family Business
When it comes to operating a family-owned business, the number one tip to keep in mind is that all business matters need to stay within the family. The second tip to remember is that all family members need to pitch in, or they should otherwise not be included within the business activities. As far as […]
Weekend Reads: Coaches Roundup for July 10, 2015
Each week, Coach Pete seeks out strong players in the family business world in order to bring you real stories of real family business professionals to inspire, drive and lead you forward. From the stories of legacy builders to examples of outstanding succession planning, the star players Coach Pete comes across are navigating the game with confidence and wisdom. […]
How Company Leadership Affects Company Efficiency
Communication can do wonders for any workplace and knowing how to most efficiently hone your communication skills and truly get your team talking is the first step. Company efficiency is defined by communication. To build family business efficiency, take a look at our tips below: Know Your Team: You should first take the time to […]
Train Smart Family Business Leaders & Boost Performance
Leadership: without it, what do you have? For many businesses across the nation, that is a valid question. People work hard all of their lives to build up a business, but when it comes time to retire they have only two choices — sell the business or pass it onto the kids. Without strong leadership, […]
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