Many of our Tribute and TrulinX software users are family-owned businesses. For example, recently we have profiled the Dale Prentice Company, B.W. Rogers Company, and TFE, Inc., which are all family-run companies.

In this article from the OPEN Forum, author Shira Levine lists some tips from successful family businesses:

• Come to terms with the idea of working with your family.
• Build onto what has already been established.
• Find like-minded businesses to do business with.
• Realize size doesn’t matter – it’s how you treat people.
• Use your ability to make decisions faster and fix mistakes quicker.
• Keep your emotional reactions out of business discussions.

You can read the details in the complete article here.