Smart Strategies: Family Ties Online


Family Ties Online: The Different Types of Family Business Owners

Note from Sherman Titens: In this column, guest contributor Joe Paul takes a look at a variety of motivations and behavioral types displayed by family business leaders. He addresses how their differences can affect the continued success and harmony of a family business. Frank was excited about the potential of acquiring a competitor. He had prepared a great presentation to share with his company's board about this opportunity. The two…

Expansion, Growth Strategy

Family Ties Online: The Seven Truths of Family Business Success

Let’s say you have developed a plan for the future of your family-owned business. And let’s say that you have communicated the plan to members of the family. And let’s say that you now have long-range goals, measurable objectives, strategies and the road map to get there. Included will be the mission, vision and values of the organization and a way to assess success. (more…)