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Top Profit-Eaters of Family-Owned Businesses in 2018

Written by Mike Kotsis on December 21, 2017

As we turn the final corner of 2017, many family-owned businesses are preparing to become more profitable in 2018. When I took the helm of our third-generation family business several years ago, I was eager to boost our profitability. But what I found was that there are a lot of profit-eaters in a family-owned business. And they can be very difficult to get rid of without a robust and objective operating system in place.

Want to have a more profitable family-owned business in 2018? Watch out for these profit-eaters!

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Mom always said “People Know”

Written by Ed Callahan on February 20, 2012

No body talks about the elephant in the room. It’s too uncomfortable. The boss goes ballistic if you mention that subject to her.

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