The joys and challenges of a family business can impact the business and the family. How to create the family business that works for you and your family.
Are you a member of a family in business together or, do you know someone in a family business? Then you know the challenges associated with running a successful family business and maintaining good family relationships. This book will provide practical advice and ideas for both running the business and keeping your family relationships close and strong.
Family businesses are wonderful. They provide a great environment for family and extended family to work together. Except when the relationships don’t work! Then the impact to the family, the business and the employees can be catastrophic. The book features way to minimize (notice it doesn’t say eliminate) family conflict, business stress and potential business failure.
• Learn more about: Joys, challenges, opportunities and threats in a family business
• How to improve communication within the family and the business
• Upsides and downsides of the family business
• Ways to create boundaries between work and home
• Relationships between family members to each other and other employees
• How to pass the torch from one generation to another.
Excerpt
Tim loved to be in control. He really didn't like others telling him what to do and was always thinking of better ways to run a business than his current employer. He was tired of the poor compensation for the work he put in, especially when he compared himself to other employees. Time had an idea.
Fortunately, Tim was married to Tina. Where Tim was all over the board with new ideas, Tina was organized, loved to spend time with people and was energized by Tim's new ideas. Tim's new ideas was for them to go into business for themselves. After all, they got along well and were of the same mindset in many areas. They had saved up some money while working for others so why not start their own business.
The above scenario (or one like it) is played out countless times over kitchen tables all around the world when people begin to think about the possibilities of the family business.
Professional Reviews
The Family Business
A must needed book in contemporary society Janna Hoiberg navigates without ambiguity between the
inherent tensions of the talented family embarking (and sustaining) a business confronting the
shoals of inevitable family rivalries and business challenges.
Beyond the unique focus on the family it includes all you need in a regular how to primer in
launching and sustaining a business...As such it develops themes for any effective business launch
and sustainability.
As I read it I hear the author's voice...She is not a theorist in academia but an "Action Coach"
who is writing about her measureable effectiveness with clients...My family and I brought in Janna
Hoiberg when our family business hit some rough seas...After spending time with her we won a variety
of awards in our business from our parent company and our local market "Best of"Contest.
You can't all have Janna Hoiberg visit your family personally but you can treat yourself to her book.
A Must Read for the Family Business
Successful family enterprises require careful attention to best practices. Janna Hoiberg's business experience, first-hand accounts, and accomplished perspectives make those best practices come alive and become readily accessible in The Family Business. This a practical, must-read for anyone wanting to achieve the best results and a profitable outcome for any business new or established.
They Loved It!
BOUGHT THIS BOOK FOR MY CHILDREN WHO ARE IN BUSINESS TOGETHER. THEY LOVED IT.
