by Barry Kornfeld | Sep 30, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
Family businesses are advantageous – but they can also be challenging. On top of facing all the typical difficulties that a regular company will come up against, there are the added complications of mixing money and family, among other things. So, that raises...
by Barry Kornfeld | Sep 2, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
Branding, marketing, and communication are all essential parts of a small business’s tool kit. This is how a company can stand out from the crowd. More importantly, it’s how a business ensures that potential customers know about them, remember them – and keep...
by Barry Kornfeld | Aug 5, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
It isn’t “just business” when you’re working with your family. Although sharing a family business can be wonderful and even empowering, family dynamics can quickly get in the way and make business personal. Anything from sibling rivalry, generational differences, and...
by Barry Kornfeld | Jul 2, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
To keep a successful family business on its feet for years to come, it’s essential to have a plan for future generations. No matter how well your business has done or how long it has been around, with new years come new challenges. To keep the business growing and...
by Barry Kornfeld | Jun 28, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
From startups to corporations, there is no more challenging and fulfilling business than a family business. The first breed of entrepreneurs, those who begin a family business, will deal with incredible challenges that lead to shared success. Other businesses can...
by Barry Kornfeld | Jun 11, 2021 | Barry Kornfeld, Family-Owned & Operated Businesses
To remain strong and financially successful, family businesses must understand and recognize the importance of strategic planning. It’s crucial to always be willing to change and develop new strategies for their business. Rather than sticking to the old ways or how...