What To Do With Your Family Business

Like anywhere else in America, Staten Island has it's share of family owned business. Many family members step into an already running business started by their mother, father or grandparents. Some people keep the businesses going just the way they were and do well, others improve it, destroy it or sell it. The dilemma is what to do with it. Many people find they don't have the passion for the existing business, some feel they would like to change course or moderate the existing business. Here's a video that explores both sides. Keep you business, sell your business – what would you do?

 

In this environment some people feel there is opportunity in the future because now isn't the time to sell. Others feel there is no future. There are still many people that could only be their own boss. Being your own boss is wonderful but there is quite a bit to say about company benefits either way.

By | 2017-05-02T16:52:32+00:00 September 11th, 2011|The Economy, Tips For Small Business|Comments Off on What To Do With Your Family Business

About the Author: