Hubler For Business Families
   

When the Business of Your Family is Business.

The defining qualities of a business contrast starkly with those of the family. While a family is nurturing, a business must be productive. It values competency and candor in order to embrace change and create success. Of course, the skills and sensibilities of business can play a positive role in your family. Business discipline and financial savvy, for instance, positively influence families and their success.

Still, the business and the family differ greatly when it comes to participation, values and change. Unlike family systems, in business:

Participation is based on interest; it is voluntary
Competence and productivity are the most valued qualities
Change is a must for success


HOW WOULD YOU DIAGRAM YOUR FAMILY AND BUSINESS?
Family Business Management Model
Family and business overlap is unavoidable. Some overlap between family and business is healthy. But how much? And how can the systems be brought into balance?

Our first and only job is providing family business services to families like yours. We can help with our exclusive Vision for Successtm. Contact us today by Email, call us at 612.375.0640, or fill out our contact form.

If you enjoyed this article please consider leaving a comment below, sharing it and/or subscribing to have future articles delivered to your RSS feed reader.
blog comments powered by Disqus
     
click edit icon to configure CONTENT-SMICONS element

Management and LeadershipDo Family and Business Meet or Collide?The way we see it, the overlap between family and business is an organizational problem, but people within the family business experience it as an interpersonal issue. That's why family members commonly blame each other for the situation.When the Business of Your Family is BusinessThe defining qualities of a business contrast starkly with those of the family. While a family is nurturing, a business must be productive. It values competency and candor in order to embrace change and create success. Of course, the skills and sensibilities of business can play a positive role in your family. Business discipline and financial savvy, for instance, positively influence families and their success. Is it a Family-Run Business or Vice-Versa?The family-run business faces unique obstacles. Business differences can tear apart families because the family and business have different (even opposing) goals. While family is protective and loyal with strong emotional ties, these positive qualities can lead to resisting or minimizing change in a business setting.Understanding Both Sides of Family Business ManagementTo help you understand the issues of family business management, we've developed a working model of the family business. It consists of two intersecting circles. The first represents your family; the second, your business.Family Members Entering the Business ChecklistFamily businesses are all about the family, yet major heartaches can occur when next generation adult children enter the business.Last Challenge of EntrepreneurshipService and philanthropy arise from happiness, gratitude and compassion. But the greatest significance is not the entrepreneur's act of giving, but in leading the family to embracing it.Changing the Generations in a Family Owned BusinessHere is my list of ten important things younger generation adult children can do to smooth their transition into leadership in the family-owned business so that everyone involved feels positive and vital.
2010 Minnesota Family Business Awards logo

Learn More and Get FREE Resources
Cornerstone of Hubler for Business Families:
The Soul of Family Business


SCHEDULE YOUR FREE ORIENTATION MEETING.

Take this risk-free first step in ensuring the continued success of your family business now. There is no charge for the orientation meeting other than out-of-pocket expenses for travel. 

TOM HUBLER WILL GIVE YOU A FREE ORIENTATION.

Does your family business need help with succession planning, conflict resolution, management or other issues? If so, we'll arrange a one-on-one orientation meeting with you and Tom Hubler to help you explore the possibilities of working with us. If you choose, your family and business associates can also attend. Here, in a relaxed environment, you can talk about:

- Key family business issues
- Plans necessary for the success of your family-owned business
- Possibilities and expectations
- Terms of the relationship
©2010 Hubler for Business Families - America's preeminent family business consultants
Ownership Planning | Management and Leadership | Business Planning | Family Planning
Contact | Site Map