I am in business with my ...
Money Matters
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Every day as I leave my office to go meet with my clients for their coaching sessions, even though in most cases I have received a focus sheet telling me whether they have accomplished their tasks, and what their main challenges and their brightest achievements for the week have been, I know there is going to be a twist. A new issue is going to come up that I have to deal with and help my clients through. In most cases, the issue arose during the week or at home, because the majority of the clients that I coach are in business with relatives. After all I am coaching owners of small to mid-sized family owned businesses.
So I decided to write a series of books about my experiences in coaching family-owned businesses and how I have been helping them. Each book covers a different topic or topics and is full of stories about these business owners. The stories are loosely based on real situations, but fictionalized to illustrate certain points more clearly. I have changed the names and the business identity to protect their privacy. I am sure many business owners can and will relate to these stories.
I cover a variety of topics. I chose these topics because they have been the main focus of every family-owned business I have dealt with.
The topics I will be covering are:
- Money matters
- Dealing with team issues
- Time spent at work
- Who is really in charge?
- Is there such thing as a true 50-50?
- Am I one of the team members, or one of the owners?
- When a business is built around the expertise of one owner
- Relationships at work vs. at home
- Does a family-owned business mean every member of the family?
- Closing a family-owned business and Exit Strategies
- Starting a business when family members say, “Don’t do it!”
I decided to start with money matters: first, because money is the main reason to go into a business, but secondly, because most of the issues and challenges small to mid-sized business owners face are money-related .
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About the Book
If you have no control of your business’s financials you don’t have control of your business.
Small businesses provide the backbone for this country’s economic stability.
In I am in business with my..., author Farid Ghalili provides information to help small- to mid-sized businesses with common problems experienced when they partner with family members. Using personal examples and stories, Ghalili explains how business owners can learn from the past to shape their future and expand their company.
The first in a series of books addressing business issues, this edition focuses on the businesses’ money matters, while discussing how to deal with the different personalities of business owners as well as their team members.
“The book is written in stories; it is a nice and helpful way of thinking about opportunities and issues in small family businesses, which are essential to every community and economy.”
—Joseph H. Astrachan, PhD, and Executive Director, Cox Family Enterprise Center
As a business owner and a business coach, Ghalili has helped owners of more than fifty small- to mid-size family-owned businesses achieve their dreams by coaching and mentoring them to improve their trade through guidance, support, and encouragement.
About the Author
Farid Ghalili is a business owner and industry leader with more than thirty years of experience in entrepreneurial roles such as CEO, CIO, CTO, and COO. He has helped more than fifty small- to mid-size family-owned business owners and their teams achieve their dreams. Ghalili and his wife live in Georgia.