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Setting Compensation for Family Employees

Setting Compensation for Family Employees

by David Stanislaw | Jul 27, 2022 | Family Business, Staff

If you run a family business, chances are you are either over- or underpaying yourself and your family employees. Many small business owners do not base their wages on the open market. However, setting compensation for family employees and coworkers isn’t something...
Growing Your Role in the Family Business

Growing Your Role in the Family Business

by David Stanislaw | Jun 8, 2022 | Executive Coaching, Family Business

When your name is on the company sign, you know you carry a certain importance. However, sometimes advancement in the family business can be slower, and less structured, than you might like. If your goal is to take over operations or ownership of your family’s...
Is Family Baggage Weighing Down Your Family Business

Is Family Baggage Weighing Down Your Family Business

by David Stanislaw | Feb 24, 2022 | Blog, Executive Coaching, Family Business, Workplace Conflict

When family relationships come with baggage, they can affect how individuals interact with everyone, from potential romantic partners, to parents, to coworkers. When that same baggage is carried into a family business, it can bog down productivity and create a...
Planning for Non-Family Employees in the Family Business

Planning for Non-Family Employees in the Family Business

by David Stanislaw | Dec 22, 2021 | Blog, Family Business

When family members go into business together, there is often a desire to keep ownership, and even operations “all in the family.” But as that business grows, it may become necessary to bring on outside talent. Planning for non-family employees before they hire into...
When to Identify a Business Successor

When to Identify a Business Successor

by David Stanislaw | Nov 24, 2021 | Blog, Business and Strategic Planning, Family Business

When retirement is on the horizon, you may be wondering how soon to start looking for your replacement. Knowing when to identify a business successor, and how to start the process, can be essential to a successful transition of power to the next generation for your...
5 Questions to Ask Before Leaving the Family Business

5 Questions to Ask Before Leaving the Family Business

by David Stanislaw | Oct 27, 2021 | Blog, Executive Coaching, Family Business

Working in the family can be incredibly rewarding, until it isn’t. If family tensions or a different calling are causing you to consider leaving the family business, you will want to be honest with yourself and your family members about why you are going and if and...
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Recent Posts

  • Overcoming Obstacles to Scale Up Your Startup Business
  • Setting Compensation for Family Employees
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