It can be tricky to hire family members in your small business. It can be both rewarding and challenging. Hiring family members can bring a sense of trust, loyalty, and shared vision to your business, fostering a tight-knit team environment. However, it also comes with its own set of potential pitfalls. In this blog post, […]
The SmallBizChat Podcast: Transitioning Leadership in a Family Business with Barry Banther
Barry Banther is a family business expert. He is a speaker and a gentleman, and he has been helping family businesses work together and live together in harmony for over three decades. He’s been a lead consultant on over 400 engagements to help improve small business performance. From strategy to planning to secession and exit […]
How to Take Over the Family Business
Ann is a 43-year-old single mom from the east coast. Ann is a great photographer, but no one knows it because she spends most of her time helping to run her parents cleaning business. Recently, at Ann’s parent’s 40th wedding anniversary celebration, her dad made a huge announcement. In his most prideful voice, Ann’s dad said, […]
Are You Prepared for a Health Disaster in Your Small Business?
In today’s fast paced world anything can happen. Ask yourself, if you’re the leading force in your small business, could the company survive if you’re not around? While many business owners would agree that time is our most valuable asset, I’m going to suggest that your most valuable asset is really your health. If the […]
