A RECENT SUCCESS Jeff Cohen has an unique and wonderful way to create the financial blessing you might need.
C2C DAILY ISSUU 54 VOLUME 1
To request information email him at:
MOM & POP SHOPS VS BIG CHAIN STORES
geoffreyac@gmail.com
Mom and pop stores have a lot going for them:
www.letsrockthisjoint.com/
Loyal, devoted team members; and a synergistic exchange of fresh ideas and knowledge between generations. However, they also come with their own host of challenges. We’ll cover some of the common problems family business owners face, along with some solutions:
Mom and Pop Stores Must Clarify Roles & Responsibilities Delegating tasks and defining roles of your employees will clear up any confusion. In turn, you’ll be running an efficient, well-oiled machine. Create job titles and detailed job descriptions for each of your employees. Yes, do this regardless of your personal relationship. And just like any good employer, conduct annual employee reviews with your family members. It’s already a fuzzy line when working with family, so you’ll want to keep things professional as much as possible.
MOM AND POP STORES MUST SET BOUNDARIES BETWEEN HOME & WORK LIFE There’s no way around it–You’ll have to set boundaries and expectations for members of your family business. Just because you happen to be married to your business partner, or have your kin working under you doesn’t give them special privileges. Make sure you’re wearing your “employer” hat while on the job, and your “wife” or “husband” hat on at the homestead. If you have a personal matter to hash out, wait until you are at home to discuss things.