Business isn’t just about profit – reflections from four generations in business

  Family businesses are a vital part of the economy, and they play a significant role in the community. There are many reasons why family businesses are important, and this post will explore some of them. Family businesses can provide jobs and support the local economy. They also promote stability and pass down traditions and values from one generation to the next. In addition, family businesses can create a sense of community and bring people together. Finally, family businesses offer opportunities for training and mentorship. So if you're looking for a way to make an impact on your community, consider starting or supporting a family business. Read more at:  https://www.bengrossman.info/ .

  If you're a part of a family business, you know that things can get a little tricky at times. Family dynamics and business dynamics don't always mix well. But with the right strategies in place, you can make your family business thrive. Here are 3 tips for family business management:  1) Establish clear roles and responsibilities within the company. This will help prevent overlap and confusion among family members.  2) Ben Grossman communicate openly and frequently with one another. This will help keep everyone on the same page and avoid any misunderstandings.  3) Be willing to compromise. In a family business, it's important to learn how to compromise in order to achieve the best results. 

  One of the keys to a century of success has been recognition of the fact that healthy, fulfilling lives are based on three critical elements: family, career, and community. Max Grossman, Ben Grossman Family Business founder, and Ben Grossman's great-grandfather was an immigrant who, despite leaving school after the sixth grade to support his family, had three goals in life: to own his own business, educate his children, and give something back to the community. What he was looking for, and what each successive generation has sought, was balance. If you can achieve the balance that works for you, then all else will fall into place.   ‍ Looking back on Ben Grossman's history (they were founded in 1910 as Massachusetts Envelope Company, and have evolved into Grossman Marketing Group, an integrated marketing services firm) as well as those of other successful family businesses, they have identified some best practices in family firm management that they want to share. 1.  ...

  If you're the head of a family business, then you know that maintaining peace and harmony within your ranks is essential for success. But it can be tough to keep everyone happy and on board, especially when things get tense. Here are some tips to help you keep the peace in your family business:  1. Communicate openly with your siblings and other relatives involved in the business. Make sure everyone is on the same page when it comes to big decisions, and don't be afraid to ask for input from all members of the team.  2. Ben Grossman Set realistic expectations for each member of the team. It's important that everyone understands their role and what is expected of them. This will help avoid any misunderstandings or conflict down the