Family business – Russell J White

5 Family Business Fundamentals

November 2, 2018 Posted by Russell J. White 0Comments

There are 5.5 million family businesses in the United States employing 98 million people. This is a significant part of our nation’s economy, with a distinct issue, especially for small businesses that are family-owned: the family dynamic. For those tight-knit, small family-owned businesses, I have 5 fundamentals to ensure you have a solid foundation for your business to create consistent…

3 Family Business Owner Pitfalls to Avoid

September 13, 2017 Posted by Russell J. White 0Comments

Most family-owned businesses are small businesses, and inherent in most family businesses are a unique set of challenges. Be careful to avoid these common pitfalls that can plague a family business owner. You can’t escape the stress of your job. The line between the family business and the family get blurred easily. Unplugging from the business can be very difficult.…