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You are here: Home / Archives for family business

How to Take Over the Family Business

July 1, 2019 By Melinda Emerson Leave a Comment

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, […]

Filed Under: Grow Your Business, Your Small Business Tagged With: business owner, business succession, family business, small business, small business succession, succession

3 Things to Consider When Taking Over Your Family Business

April 16, 2019 By Melinda Emerson Leave a Comment

Taking Over Your Family Business

There is no smooth path to becoming a CEO, much less taking over and transforming a longstanding family business to compete in the 21st century. As I took the reins of my second-generation multimillion-dollar business from my mother and father, and partnered with my brother, I realized the importance of striking a balance between my […]

Filed Under: Guest Articles, Your Small Business Tagged With: family business, small business, small family business, Taking Over Your Family Business

How to Make Your Family Business Last

November 23, 2017 By Melinda Emerson Leave a Comment

This Thanksgiving, the perfect time to focus on family businesses. Working with the people you love is tough. I recently had a chance to speak with Mitzi Purdue. She is the daughter of Sheraton Hotels co-founder and the wife of the late entrepreneur Frank Perdue. She is also the author the of the book “How […]

Filed Under: Featured Post, Featured SmallBizChat, Q & A Interview, SmallBizChat Tagged With: family business, legacy building, SmallBizChat

How to Build a Successful Family Business

June 12, 2017 By Melinda Emerson Leave a Comment

If the idea of building a business that you can pass on to future generations is appealing, this article is for you. There are many reasons to build a family business, including working with your children, other family you know and respect, as well as creating a legacy and building generational wealth. There are certain […]

Filed Under: Starting A Small Business Tagged With: family business

What to be Aware of When Starting a Family Business

March 31, 2015 By Melinda Emerson Leave a Comment

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 […]

Filed Under: Business Inspiration, Guest Articles Tagged With: @daveconklin, Dave Conklin, family business

How to Run a Successful Small Business With Your Kids

May 27, 2013 By Melinda Emerson 2 Comments

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. […]

Filed Under: Mompreneurs, Women in Business, Your Small Business Tagged With: entrepreneur, family business, small business success

Are You Ready For Succession Planning In Your Family Business?

July 17, 2012 By Melinda Emerson 1 Comment

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 […]

Filed Under: Guest Articles, Your Small Business Tagged With: business planning, family business, Steven Moyer, succession planning

How to Teach Your Kids Entrepreneurship in 2013

December 9, 2012 By Melinda Emerson 3 Comments

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 […]

Filed Under: 31 Ways to Boost Your Small Business, Grow Your Business, Guest Articles Tagged With: @SarahLCook, entrepreneur, family business, tag1

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