Simply put, a team is “a group of people working towards a common goal.” “A family-owned business may be defined as any business in which two or more family members are involved and the majority of ownership or control lies within a family.” (INC.) Therefore, Family Business Team Building is a process that enables a […]
Family Business Success … It’s About People
Working in a family business is by nature interdependent. It is the result of multiple interactions between multiple family members every day. Each family member has a vested interest in the success of your organization and your products and services. This situation alone is one of the challenges of family business. Family members come in […]
Business Relationships and Family Team Building
How do you make your family business environment conducive to team building? In the past this was often overlooked in family business because, well it’s “just family” right? When it was deemed important enough to gain the attention of management, it was usually done with merit pay raises, employee of the month awards and other […]