Family Business Coaching Blog | Family Business Pointe

How Many of us Underestimate Our Business Competitors?

Leadership, Management, Succession | competition, family business competitors

A few years ago, I was consulting with a family business that owned a lumber yard. They had been in business for over one hundred years and were currently into their third generation of succession. The business had declined slightly in recent years, but the proud tradition of grandfather, son and grandson was still in […]

Does Your Small Family Business have a Meeting Rhythm?

Leadership, Management | family business meetings, meeting rhythm, meetings

For starters, what is a meeting rhythm and why is it vitally important for your company’s success? A meeting rhythm essentially means you have key meetings in your company and that they are regularly and predictably held as scheduled. In fact, they are so regular and predictable that they almost turn into a rhythm, like […]

Why your Family Businesses needs to make regular assessments on the job performance of non-family employees.

Succession | job performance, job performance assessment, non-family employees

In family business speak, we spend much of our time talking about family issues. Relationships are complicated, performance is hard to measure, opinions are often shaped by issues outside of the business—there is, obviously, a bunch of stuff that makes family business tricky! In the wake of all these issues, however, small business owners need […]

Merry Christmas to You and Yours

Succession

Merry Christmas to you this year. What a wonderful time of year to pause and remember what makes life joyful—friends, family, loved ones, giving, kindness, service, empathy and compassion. How easy it is to forget in our day-to-day living when we are battling to survive and be successful in our businesses. Christmas time is a […]

Job Titles Are Way More Important Than You Might Think

Succession | family business job titles, job titles

Job titles can be a significant source of pain for many small family businesses. It plays a much bigger role in your business than you might imagine. Please consider this little story to illustrate. I had a good friend many years ago who worked for his father and the family business. My friend had graduated […]

Family Business Values That Make Your Company Successful

Leadership, Values | family business success, family business values

Christmas time puts cheer in almost every heart—even the Scroogiest Scrooge. Charles Dicken’s famed character was, in fact, a business banker which explains why he was so miserly, haha (with apologies to my wonderful banking friends). Businesses are obviously engaged in making money—rightfully so or they will cease to exist. Making money, however, is and […]