How Can Family Business Diversity Make Your Brand a Better Competitor

If there’s one topic that puts an owner on edge, it’s family business diversity. How can you maintain the spirit of the family with outside members? At times, diversification can feel counterintuitive to your training and education. However, if you only focus on what you can offer, you won’t get very far. Expanding your workforce, […]

Who Pays For Expenses With Family Business Budgeting?

When managing a family business, budgeting often leads to conflict. Specifically, when you’re determining which relatives should pay for certain expenses. Even though a family business is a great way to support loved ones, it often isn’t infinite. At some point, an agreement needs to be reached over which expenses are covered and by whom. […]