Category: Family Businesses

Tips to Create a Better Customer Experience

What makes one company stand out from another? In any given industry, you’re likely delivering similar products and services as your competitors, often at equivalent price points. There’s a good chance you operate through analogous delivery models, and if you’re in a particularly small business ecosystem, you’re dipping into the same talent pool when recruiting. …
Read more

Entrepreneur Interview – Emily Kil

Emily Kil is the owner of Eco Bear Biohazard Cleaning Company – a company that provides biohazard, unattended death, suicide, crime scene, and homeless encampment cleaning services in Southern California.  She operates the business with her husband Raymond Magno, a veteran of the Coast Guard and commercial Alaskan salmon fisherman.  They met while she was…
Read more

Creating a Dream Team for the Family Business

~by Donya Zimmerman~ For your family business to succeed, you need to create a “dream team”. The “dream team” for the family business consists of: Accountant Attorney Insurance Agent Bookkeeper Business Coach Banker Mentor Here are some important groups to have on the “dream team” for the family business: Board of Directors Management Team Human…
Read more

Entrepreneur Interview – Zerah Capili

Zerah Capili works as a Creative Coordinator for Hope for the Heart and Soul Foundation a NGO based company that introduces children especially the underprivileged ones about arts and crafts. She is also handles her own business called “Sapinsapin Tanzan”.  Her products are mostly handmade that ranges from different quirky knick knacks. She consign her…
Read more

Starting a Family Business? 5 Ways to Ensure Success

~by Lizzie Weakley~ . Running a family business can be as challenging as starting a business with an associate or former coworker, if not more so. There are personal feelings to consider as well as bruised egos. Plus, they’re people you love. And if you don’t have a plan in place, dissension can easily detract…
Read more

3 Must Haves For A Successful Business

I guess you could say I grew up eating, drinking and sleeping business. Ever since I can remember everyone I knew owned businesses. My grandparents owned a finance company, that was started by my grandfather’s parents. My aunt and uncle owned a furniture store. My parent owns rock quarries that his father started and my sister…
Read more

Pros and Cons of Working in a Family Business

~by Vincent Spivey~ . Establishing a family business and passing it to your children can be vastly rewarding. A family business is a commercial enterprise involving family members. But the thing is, family businesses show ownership and sometimes management challenges. A perfect way to minimize the risk of disputes is to plan with the whole…
Read more

Is Your Family Business Properly Insured?

~by Donya Zimmerman~ To protect your family business, you’ll need to do more than a business plan or incorporate the business. You’ll also want to have the right insurance for the business. It can protect your business from possible disasters: Natural disasters like fire and etc. Negligent acts committed by employees Customers being injured on…
Read more

Steps to Incorporate a Family Business

~by Donya Zimmerman~ The most valuable step to starting a family business is to ensure protection from lawsuits and loss of personal assets. So you’ll want to incorporate your business. Here are some steps and considerations when incorporating a small business with your local governmental agency: Formation Documentation: The formation documentation to incorporate a business…
Read more

How to Properly Incorporate a Family Business

~by Donya Zimmerman~ When starting a family business, you’ll need to determine the best way to incorporate it so you can protect your assets. By incorporating the family business with the proper governmental agency, you’ll ensure that the business is protected, and the business assets and personal assets are protected. With this type of protection,…
Read more