Venue:- Online
Speaker:- Dr. Primal Merchant
Date:- 03 June 2020
Time:- 06:00 PM
About Family Business:
Taking a family business to the next level is generally more challenging because there are more emotions involved, the key element to prevent these challenges is transparent communication.
Remain focused on your family’s values and the business’s values. The change that comes from growth can be disturbing for your customers who are drawn to the personal touch of your family business. Keep them well-informed of what’s happening and assure them that they aren’t going to lose that level of familiarity and comfort they trust and rely on.
Hire with care. Adding employees often goes together with rise-up your business. But to make this work, the newcomers must not only be able to do the job, but they also have to trust in the values and mission of the business.
Never stop learning. To grow intelligently, stay up to speed with your industry, economic trends, and technological changes. Thrust yourself to attend workshops and seminars; take online courses. By doing so will help you be ready to efficiently manage the growth you’re looking for.