What to be Aware of When Starting a Family Business

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Guest Article Starting a family business is a pretty ambitious endeavor. You have to focus on beating the competition, struggling to become profitable, and scaling the business. Sometimes, it’s hard to stay in the game if your competitors have corporate-sized tools and solutions which a small family enterprise can’t really afford. What are you do […]

How to Run a Successful Small Business With Your Kids

Linda Collinson is no stranger to entrepreneurial success. In the ’80s, she developed a natural skincare line, LaCrista Natural Skincare, from her kitchen table. Her small operation grew quickly, and by the ’90s her products were being sold in Wal-Mart, Whole Foods, Giant Foods and in other stores across the country and internationally in China. […]

How to Teach Your Kids Entrepreneurship in 2013

As a young girl, I grew up in an entrepreneurial home. Over time, I was given the opportunity to do work for my Dad and Grandpa (both business owners), and in so doing gained confidence and many business and life skills and even earned enough money to pay for a month-long trip I took to […]

Are You Ready For Succession Planning In Your Family Business?

A colleague recently asked me: “Is succession planning the biggest issue facing family businesses today?” After giving the question some thought, I responded that we must be clear on what we mean by Succession Planning. If succession planning is defined as the journey to plan for leadership for the survival of the business as an […]