From time to time, we’ll post Bea Wolper’s “A-Z Keys to Family Business Success” followed by a question from one of our members on the topic – here’s D: D- Dynamics of Family Business. One should never underestimate the effect family dynamics have on a successful family business. Remember, in “familybusiness” there is often no space between […]
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The Importance of an Advisory Board for a Small Family Business By: Suzanne Amstutz – Ohio Power Tool Inc. One of the issues that small businesses face, and especially a family business, is that the founders start their business taking on all the roles in the company. They are the marketing person, accountant, salesperson, human
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From time to time, we’ll post Bea Wolper’s “A-Z Keys to Family Business Success” followed by a question from one of our members on the topic – here’s A: A- Advisory Board. Choose a few trusted people not working in the business who will give unbiased opinions to your CEO in three or four meetings
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