Updated: Apr 27
Today, nearly 90% of all business in the United States is either family owned or controlled. And over 70% of family owned businesses fail often due to debt problems according to Smart-Results.net
Among the top issues that result in family business failure includes;
- Employing family members over generations that are unable to grow the business due to poor training, lack of interest and professional qualifications
- Heavy debt burdens developed over generations can destroy the family business
- Family loyalty being stuck in the past, a vision that's no longer profitable
- Resistance to new leadership and perspectives in order to achieve better ROI
Smart-Results.net assists families and business owners with the following;
A clear goal and vision to leverage knowledge, people and skills ...
A business succession plan ... marketing, raise capital, create partnerships and more
Recruiting new talent to add more progressive management ...
Proper governance structure which benefits family members ...
Diversification plan towards business growth ...
Improve Your Business Get Started Now Call 615-802-8122 email email@example.com