Running a Family Business Big Rapids MI

Because a family business can have an emotional quality to them, it is important to know how to run a family business. In the following article, you'll learn tips on running a small and/or family business.

Local Companies

Duo Scheible Towner & Associates
(231) 796-2668
15914 230th Ave
Big Rapids, MI
Muskegon Area First
(231) 796-4484
10765 Northland Dr
Big Rapids, MI
Bloomfield American Corp
(248) 683-4343
4175 Autumn Ridge Dr
West Bloomfield, MI
Community Development Group Inc
(616) 530-9446
2940 44th St SW
Grandville, MI
Healthcare Management Services
(248) 332-8718
1750 S Telegraph Rd
Bloomfield, MI
Aperks International Inc
(269) 329-1198
3245 Lites End Ct
Portage, MI
Right Management Consultants
(248) 948-1600
40 Oak Hollow St Ste 220
Southfield, MI
Salon Training International
(269) 353-7710
6418 Hollison Dr
Kalamazoo, MI
Assured Quality Services Inc
(231) 876-1860
11771 W Watergate Rd
Cadillac, MI
Guardian Management Services Inc
(616) 249-9566
Grand Rapids, MI




By Stephanie Regan

(NC)-In a family business, family history and emotion can create a rough ride. Here are some suggestions from the Canada-Ontario Business Services Centre (COBSC) for making the family business work more smoothly:

First, put business relationships, roles, expectations and compensation in writing. Management lines should be clearly drawn. In any workplace, confusion results when reporting structures are unclear, and staff are unsure who is in charge of what. Make rules and responsibilities clear to all.

Second, fairness will go a long way. An owner-manager should ensure pay scales, promotions, schedules, criticism and praise should be fair and equal, both among family and non-family employees.

Third, when deciding who should be in charge, ask yourself who offers the best management techniques. Don't let age or gender be a barrier. Ask yourself who is thick-skinned enough to live and work with family bickering, and tough enough to make decisions stick.

Fourth: history may colour attitudes about abilities within the family. Long standing feuds or tensions can spread, and no business owner can afford to let the company divide into warring camps. When this happens, non-family employees must be convinced their interests are best served by a profitable organization, rather than by allegiance to a particular member of the family.

Seek outside advice

The decision-making process inside a family business can be very closed. Fresh ideas and creative thinking can get lost in the tangled web of family relationships. If the growth of your business is hampered by reluctant relatives, call in outside advisors.

Information for small business in Ontario is available free through the Canada-Ontario Business Services Centre. Talk to specially trained business representatives when you call toll-free (888-576-4444 or TTY: 1-800-457-8466) weekdays between 8:30 a.m. and 6 p.m. EST. Visit www.canadabusiness.ca/ontario to learn more.

- News Canada

Featured Local Company

OZ Management Services, Inc.

Business & Marketing Consulting New Product & Market Develop

616.682.0369
8303 Baileau Oaks, NE
Ada, MI
www.bjtmgt.com

Unlike most of today’s business advisors, we have managed companies and understand the real day-to-day problems of operating a business. We understand the pressures to grow and diversify, reduce costs and improve cash flow. We know the frustration of those endless projects that attack the wrong problems and yield no positive results.

Throughout our corporate careers, we have contributed to the growth and profitability of national and international industry leaders with diverse business models including manufacturing, traditional retail, e-commerce, direct marketing, service and non-profit organizations. The principals of BJT have managed in a variety of ownership structures: public, private and employee-owned.

We are fully competent in a broad range of commerce forms including consumer marketing, business-to-business marketing and marketing to organizations. In addition, we have extensive experience in all of the major advertising forms including Internet, catalog, direct mail, newspaper supplements, mass media and broadcast media.

The BJT difference is that we have faced the kinds of business problems that you face and have developed programs and solutions that work. We stand behind our results and are willing to work on a mutually agreed success-sharing basis. We believe that your success comes first.


We provide a broad array of business services that will lead to enhanced growth and stability for your business. Our focus is primarily in nine areas: (Click on the titles)

Strategic planning

Marketing, merchandising strategies

Customer acquisition and management strategies

New business development

Product introductions

Cost management programs

Financial & working capital management

Management services

Crisis management


In each of these areas, we will work with you to analyze your current business environment, the issues you face, determine the actions necessary, implement the plans and measure the results. At BJT, we will take an active, “hands-on” role in every stage of the project. Unlike most management services groups, we believe that delivering the plan is only the first step of our commitment to you.



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