Ohio Business Coach Ralph Berge » family business problems http://www.ralphberge.com Top Ohio Business Coach Tue, 26 Apr 2011 20:48:29 +0000 en hourly 1 http://wordpress.org/?v=3.1 Build Survival into Your Business… http://www.ralphberge.com/195-build-survival-into-your-business.htm http://www.ralphberge.com/195-build-survival-into-your-business.htm#comments Mon, 25 Jan 2010 13:59:26 +0000 Ralph Berge http://www.ralphberge.com/?p=195 Successful business owners share many admirable qualities. They are smart, hard-working, and focused. Unfortunately, despite the hard work factor, Dun & Bradstreet reports that only nine percent of small businesses, with fewer than twenty employees, survive for ten years.  

Running a small business takes an inordinate amount of time and energy, which often leaves owners too distracted to focus on other areas of their lives, which causes many family business problems. When a business is a key component of family wealth, however, it is critical to incorporate family business succession planning to secure its long-term stability. After all, for most business owners, the business represents their single most valuable asset. Generally, it constitutes 90 percent of their wealth. Taking steps to safeguard a business, such as developing a  business exit strategy, helps ensure its long-term survival and success and protect an asset that often represents a life’s work. 

Invest your time in building your business by talking with Ralph Berge, Cleveland business coach about family business planning.

]]> http://www.ralphberge.com/195-build-survival-into-your-business.htm/feed 0 Build Long-term Stability and Survival Into Your Business http://www.ralphberge.com/65-build-long-term-stability-and-survival-into-your-business.htm http://www.ralphberge.com/65-build-long-term-stability-and-survival-into-your-business.htm#comments Fri, 10 Apr 2009 15:00:41 +0000 Ralph Berge http://www.ralphberge.com/?p=65 Successful business owners share many admirable qualities. They are smart, hard-working, and focused. Despite the hard work factor, Dun & Bradstreet reports that only nine percent of small businesses, with fewer than twenty employees, survive for ten years.  

Running a small business takes an inordinate amount of time and energy, which often leaves owners too distracted to focus on other areas of their lives, which causes many family business problems. When a business is a key component of family wealth, however, it is critical to incorporate family business planning to secure its long-term stability. After all, for most business owners, the business represents their single most valuable asset. Taking steps to safeguard a business can help ensure its long-term survival and success and protect an asset that often represents a life’s work. 

Invest your time in building your business by talking with Ralph Berge, Cleveland business coach about family business planning.

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