family business

If we talk about the path that leads to the idea of ​​the modern woman to create a family business, in most cases it starts with domestic discontent and the inability to realize its full potential in the workplace.

We all tend to think about his future. Disassemble existing today financial situation. Consider the pros and cons of the existing state of affairs. And very often this analysis leads to a disappointing conclusion. Someone thinks that the conflicts with his superiors can not justify any pay someone wants to make in his work a kind of innovation that is contrary to accepted into the company's rules and who is looking even further and understand that the only way to be truly independent and create a sound financial basis gives a business.

Note that you will not find yourself alone in their decisions. Nowadays, an increasing number of girls and women prefer to work for themselves, and most importantly - successfully implementing its decision in life. Especially in the case of selection is a family business, your partners will become the closest people: a husband, parents, brothers and sisters. And who can help better than the people that you trust implicitly?

I have an idea? Voiced her!

As with any innovation, family business starts with an idea. And if you and your family have decided to combine their efforts, capital, skills and professional skills in order to achieve a goal, you have to work thoroughly before the start of opening their own business. The most important in the first stage will be the question of "what to do? "And the answer is not as simple as it seems at first glance.

First we need to consider what skills possessed by each of the participants in the future of the family business. They will be your main asset. Yes, there is not any reservation. Suppose you've always wanted to start their own company, making fashion and your family no designer or tailor. And if you begin to stitch boots the pastry and cakes oven cobbler, nothing good will come of it. So you need to choose the direction of the business on the basis of skills, preferably backed by real experience. After all, you want your business to prosper, and therefore, it is necessary to set realistic goals. But do not think that having talent confectioner, you have to forget about it and to found a business, starting from the teacher's diploma. No way. If you are confident in their abilities - go for it!


The next step - market research. You need to go to him with such goods or services that will be in demand, and thus make a profit. Here, according to professionals, many make a major mistake. Namely, trying to offer the consumer or buyer of something completely new. No doubt, innovation can help you to make your products or services unique and recognizable. But! In order for people to accept and understand the value of all the advantages of your product or service, it will take time, but you can not yet afford it. After all, your family business has not yet established itself. Therefore, a more optimal to choose goods that are in demand in the market, but make it something special.

At this stage, no harm will be familiar with the experience of "experienced". Practical advice on this topic can be found in the literature: the book "Family Business" Christine Jones, or "Managing the family economy" SA Reznik can give tips to those questions that, having no real experience in running a family business is quite difficult to answer. And yet, at the initial stage of this undertaking will require from you and your team members costly internal resources. And the main thing here - to be able to support each other, calmly deal with the confusing moments. After all, just now it laid the foundation of the business relationship between relatives. And you have to try to start a business so that the joint business did not become a source of conflict. On the contrary, it should make your family ties even stronger and more reliable.

 a small family business

With the world on a string. We are looking for capital to achieve the dream

Each case requires not only the physical, mental and emotional costs, and financial investments. It may sound prosaic, but the dream of the family business will have to fork. There are several options and possibilities.

Let's start with the most obvious. If members of your joint business will become members of your family, then it is reasonable to consider the option of equity participation in the initial cost. It determines the need for starting amount and divided by all participants. Of course, the equity in the business have to be executed properly. It is possible that some of the team members want to withdraw from the case, and therefore, it is necessary to clearly define what part of the money he can take at the same time. By the way, on the basis of the initial payment will be calculated as a percentage of profits to which each member of the family business can claim. But before the profit is still far, and therefore we consider the second option.

If you are together with her husband, brother or sister of starting a business, but want to become the sole owner of the family business, then you have to make all their own start-up capital. Take a loan if no savings. Or get a loan for small business development. And by the way, recently the local authorities do not issue such loans only, but also to establish tax incentives and preferential rates for advertising on local television. And if there is no other choice, you can seek help from the local authorities.

What's in a name?

Another important issue in the initial stage of formation of the idea of ​​the family business is to determine the organizational form of the enterprise. You need to decide exactly what it is: Company Ltd, SP. And if the first couple of decoding unfamiliar abbreviations, perhaps, only to infants, the latter will require some clarification.

Incidentally, it is this type of business (enterprise without a legal entity) and is the most used and most popular, since registering as the SP, you will pay taxes under the simplified system. And taxes are joking "Shark Business" - cry, but to pay. So, you need to at the very beginning to do everything possible to the payment of taxes as low as possible problems. Especially, if the members of your family do not have a good accountant and you have to hire him on the side.

The vertical of power, or nothing personal

Well, the money is found, the idea meets all the above requirements, the business plan thought out to the smallest detail. You can seem easy to start working, to embody the idea to which you have prepared so carefully and with such persistence sought, overcoming all bureaucratic obstacles. But just then, and should specifically consider the pros and cons of the family business.

If you rely on the facts in this case, plus the only one: at the initial stage when the family business requires complete dedication, often not generating substantial profits, people can only close with the understanding to emerging issues .  Working in emergency mode and take care of the prosperity of the common cause .  But after the end of the formative period of each of the team members would like to receive due to it, in his opinion, dividends .  In the form of profits, management position or to satisfy their own ambitions .  It is these differences and can lead to the collapse of your business .  But believe me, it's not scary .  The whole world knows the confrontation of two corporate giants Adidas and Puma .  But this is a confrontation between two brothers Rudolf and Adolf Dassler, who made a mistake and brought family problems in business .  For you did not have these problems and you will not only not lost, but also strengthened family ties led to the prosperity of the family business, you have to learn to be a subtle psychologist and a visionary leader .  Economists, among other things, are advised to follow a few simple rules:

  1. Set the power vertical. Your enterprise must have one boss. And family ties do not give anybody the right of family members to deal with employees with master's position. Subordination in business relationships should be present. But at the same time, it should not affect the relations within the family.
  2. Secure duties. Each member of your team should do precisely that sphere of activity that corresponds to his professional skills and aptitudes. But you need to assign responsibilities in advance. And in the correct form. Global issues can be solved with family members. But if each "flourish" you have to get ahead of all the members of the team, this will lead to the collapse of the business. Do not dilute the bureaucracy out of the blue, mark the right of everyone to the solution of current issues and determine their own range of problems whose solution requires joint discussions.
  3. According to exploit and reward. And to put it more precisely, position can not depend on the degree of kinship. First of all, you should consider the family as the primary asset, your gold fund. Let education and competence will be the main indicators. There is no favoritism. Criticism, career advancement, encouragement should be treated with impartiality sphinx, regardless of the presence or absence of kinship.
  4. Service attitude and commitment require fixing in writing. If you involve your loved ones in a family business, especially at the initial stage they contribute his share in the initial capital must be documented consider the amount of compensation in case someone decides to withdraw from the case. Here are possible options. Or, going out of business, he gets his fee, or leaves it, passing right to manage you. But in this case it should be considered the size of dividends and the settlement period. It is necessary to discuss and to document the period in which the investor will be returned to his contribution.
  5. Weekly "brainstorming." In any case, anyway, there are questions and controversies. And in time to identify and resolve them, make it a rule holding weekly meetings at which everyone will be able to voice their concerns. You are a manager and your hands "health" of the enterprise. We know that prevention is better trouble than to deal with complications.
  6. Fresh ideas. A significant disadvantage of family businesses are closed, isolation. If this process does not bring anything new, very soon your business "suffocate". Try to learn from the experience of others, use other people's ideas and to learn from others' mistakes. His you always have time to make some.
  7. Career opportunities for young people. A common mistake owners of the family business career becomes impossible for the younger generation. Remember the advice of the exploits and rewards and try to allow younger family members to take a position in accordance with their abilities, expertise and education, not depending on the time work for you.

Starting a business together with loved ones, employers, in addition to all the usual problems beginners face additional difficulties. According to economists, this becomes a reason for the slow development of the family business in our country. Of the three companies, based families, only one survives. But if you learn to find a common language and reading our article, try to avoid obvious mistakes, your little family business over time could become a huge corporation inherited.

The main thing - do not forget that no profit can not make you happy, if they brought discord in the family. And no corporation is warm and trusting relationship between the family and loved ones.

 How to organize a family business from an idea to financial prosperity

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