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Our Business Economy Depends on Family Owned Businesses

Family owned businesses strengthen our economy

March 29, is National Mom and Pop Business Owners Day to honor the millions of family-owned businesses that help drive the U.S. economy. According to the Small Business Administration (SBA), family owned businesses make up 80- 90% of all business enterprises in North America, and are responsible for 62% of U.S. employment.

Local family owned businesses can greatly impact its local community.

  • Mission and purpose strengthens the company culture.
  • They avoid layoffs during tough economic times.
  • Find ways to invest in their staff
  • Prefer to promote from within the business.

Family owned businesses are the backbone of our economy.

Working with your spouse

I have been fortunate to work closely together with my husband, Steve, since 1982. We previously owned and operated a counseling service agency in the Rogue Valley through strong and weak economies. Now we have teamed up to show accounting firms how to increase income without sacrificing your

Married to your work

Married to your work has an entirely new meaning when your life partner is also a business partner. An additional layer of complexity develops in a relationship when couples live and work together. Sharing a common vision helps couples learn to succeed in business together although they may differ in their ideas about how to grow.

Family owned businesses are the backbone of the American economy. Spouses who own a business together experience excitement and frustration at the same time. There is fulfillment, as well as challenges. We’re helping husband and wife teams succeed.

Couples who work together face unique challenges.

Here are some questions for couples who work together to consider so their business is one of the successes:

  • Is there agreement regarding important decisions?
  • Ever wonder if work / life balance exists?
  • Do different work styles become an issue?

Husband and wife business ownersAs therapists, turned business coaches, we are uniquely qualified to help couples grow a thriving business together. Unlike solo business owners,  couples need to navigate the challenges of a work / life partnership.

Couples experience these common challenges:

  • A simple way to get on the same page for a final decision.
  • Being the boss at work and the partner at home.
  • How different work styles affect marital harmony.

The time is now to commit. Evolve as a couple. Grow together and succeed together. A difference exists between what is known and what is done.