Succeeding In Family Business: Tips To Remember

It may be hard to work and live with the same people. Your family members are usually the closest people to you in life. When you work with them, it often becomes hard to determine where to draw the lines. It is sometimes difficult to separate work from personal life and even more difficult when your personal life is involved with your work.

The most important thing to do would be to set boundaries. Keep work talk at work and home life at home. If you mix the two, it can often create animosity both in the home and in the office. If you’re going to have to discuss business matters, at least save it for an appropriate time. A time should be set aside for specifically discussing business matters, (and not during dinner). Having meetings to discuss business issues is very important, but the setting does matter.

If your children will be joining a business that you have developed previously, it is important that they have experience working outside the family business first. This way, they will know what to expect from a professional (and non-related) work atmosphere. It’s also important not to hire children, or any other family members for that matter, out of sympathy. Although you may be “doing them a favor,” you still want to be sure they have the skill and experience to fulfill their role in the business. It would be even worse if you had to fire a family member due to lack of skill, wouldn’t it?

Make sure that responsibilities and duties are clearly assigned to each employee in order to avoid overlap. Each person should have certain tasks they are responsible for so that, at the end of the day, no one can play the blame game. Clearly identify leaders as well as particular strengths and weaknesses of all employees. While various family members may be qualified for similar tasks, divvying up the duties should help to avoid conflicts. Big decisions should, of course, be made together. However, a debate over each little move made will begin to break apart the family.

Family businesses can be extremely successful if you operate them correctly. For example, Matt Siegal helped his father, Sanford, to expand his cookie business (Dr. Siegal’s Cookie Diet) into a retail operation. “I’m an eternal optimist; I think every new idea will work out great,” says Matt. “Dad’s more of a pessimist, or a realist, as he calls himself.”

When Matt saw great potential for his father’s small business to grow significantly by adding a retail division, he became immediately enthusiastic about the idea. “‘Of course, Dad had to weigh the options carefully and consider any possible pitfalls,’ says Matt, knowing his father would take the more cautious approach. In the end, after some due diligence, the elder Siegal agreed. Matt sold his software company, joined his parents in the cookie business, and the company took off.” The cookies are now being sold at Walgreen’s and GNC as well as through their website.

Family businesses can be a great idea and generate great profit. As long as everyone feels that they are contributing and being treated equally and with respect, things should run smoothly. A successful family business creates a happy family!

Using a Scrapbook In Your Cookie Business

If you own a cookie business, you should have scrapbooks both online and offline of your creations.

I was blown away when I attended my cousins wedding and saw all of the various things that were done with cookies. Oreo cookies were dipped in a chocolate and then in white icing, the names of the bride and the groom were on the cookies.

I’ve also seen very large cookies with designs on the front of the cookies. One store advertises a very large cookie with white icing and then in pink the words “will you marry me?” Seeing a photo of this is much more of a sales tool than just a verbal description.

I have seen cookies in the shapes of a suit jacket, in the shape of a person and even in the shape of a 3-D rose.

I have seen icings in every possible color and I’ve seen multiple shades of icing on one cookie. I’ve seen large cookies and small bite-size cookies, along with everything in between.

For a new baby, I’ve seen cookies in the shape of a bottle, and for a birthday, I’ve seen cookies in the shapes of a balloon and a heart. For a wedding, I’ve seen cookies monogrammed with the letters of the wedding couple, and I’ve seen cookies shaped as red roses and left by each place setting.

Cookies on a stick are a favorite of mine. We’ve all seen flowers in a vase, but cookies on a stick in a vase always make me smile. What could be more fun than a dozen chocolate chip cookies on a stick, in a vase?

If you sell these items, you know my words are not doing the products justice. Words alone just can not sell cookie decorations like photos in a scrapbook can. Add some journaling. Let potential customers know what the various designs pictured were used for. I believe a scrapbook of your designs will help create more sales by allowing the customer to see visually exactly what they are ordering.

Everyone Should Have A Small Business!

A small business is very important in today’s economy. Back in the 1960’s it took only one stream of income to survive. Today, if you are not working two are more jobs, your broke. The cost of living has sky rocketed and most of the world can not keep up.

This brings us to a common solution. Start you own personal service business A/K/A A Small Business.

Most people start a small business by default. Take Jakie for example. She is a mother of 3 kids who is a stay at home mom. She loves to bake cookies. One day she opened her window and there was a fair passing by her house. Someone looked in and asked her how much was for one of those cookies. Now Jakie did not have any intention to sell those cookies. She gave the kid it for free. The the kid went out and shared the cookie with someone else. The came back with five other kids who wanted to try the cookies. This gave Jakie an idea. I can Package these and sell them for $0.99 each. That lead her to start a cookie business from her home. Today she has a book, a infomercial and a website that makes her residual income.

Could you see yourself following in Jakies footsteps sometime in the future?

The time to start a personal service coorporation is now. Take the time to figure out what you like to do. Create a short term action plan and then take action today. Do not wait for a second, because we all have the same amount of hours to live each day. It’s what we do with those hours that matter.

Most people decide to sell there information and get paid for it. Others write a book and get residuals from it. The choice is yours. The most important thing is that you get started today and make the best of your new business. After operating your busines for six months, you might want to consider expanding. Get someone you can train to do what you do and double your efforts. Duplication will help you set your business on auto-pilot. Good Luck.