It may seem very inappropriate in today’s world but it is still not unusual to hear a business owner say, ‘There is no need to discuss this with my wife’. And it may also be, of course, a partner or…
Purpose Equals Strength
A well-articulated purpose statement for a business is its cornerstone and the first piece to be laid in building a great business. Why? The reasons are compelling: It clearly defines the need you are seeking to meet in the community…
Family Feuds Require Empathy To Solve #succession
One of the biggest challenges in family business transition can be in managing the conflicts, which can and do arise. These conflicts can almost always be traced back to a lack of and inability to communicate effectively. There are a…
Family And Business Can’t Be Separated #succession
‘Just because you are a family member doesn’t mean you will get any special treatment in this business. I will treat you like every other employee.’ A true statement in theory but not so easy in practice. It is important…
Corporate Identity – Why Is It Important?
The missing element in the success of your business may be defining and understanding who you are as a business. In some circles, this is now being described as corporate identity. As a business, why do you need to know…