How Can Your Small Business Appeal to a Much Larger Customer Base?
Written by Helping a business reach a wider audience is no walk in the park, especially if you are a small business on a limited budget. You will find that there are many hurdles and pitfalls when it comes to bringing in new customers, especially if you are considering dipping your toe into the world […]
What small businesses have to consider as they get much larger
Written by It is the dream of many people to have their own business and be their own boss. If they are lucky enough and hard-working enough to succeed in this, they will quickly find that their mind will turn to thoughts of expansion – especially now as I have employees of their own In […]
10 Advantages and Disadvantages of Family Businesses
Written by Family businesses can go to extremes: in some cases we will find some that are a clear example of success while others were a failure from the way they were planned. The advantages family businesses have are plenty and those who are able to cope with its challenges can achieve business objectives in […]
Family Business vs Corporate Job vs Startup
Making the decision if working at the family business vs job at corporate level or going for the startup adventure isn’t easy at all. After my graduation at Tecnologico de Monterrey in 2014 for a career in business administration, I also presented myself with several questions that probably many of the second or third generations […]
🏢 What is Family Business and Characteristics
What is Family Business and its Characteristics From experience, I can mention that to define what a family business is, it is complex. Especially because one of the many problems that exist in family businesses is the lack of an understanding of what they are. Some other problems are the proper assignation of roles, or […]
Family Business Succession
Approximately 70% of family businesses do not make it to the second generation. This is a high mortality rate, and if they do make it to the second generation, only approximately 9% make it to the next stage. There are several causes for this to happen, and one of them is the lack of a […]