7 Challenges Every Family Business Faces | MSNBC Interview

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Greg Alexander, CEO of SBI, provides valuable input on dealing with common issues a family business may encounter.

01:10 Evolving the family owned business: old school vs. new school
03:16 From traditional to digital: how formal should the transition be?
04:09 How do you separate work from the dinner table?
04:50 What should small businesses do to acquire credit?
06:38 Can you market to various demographics with one message?
08:20 How do you save money on health benefits?
09:56 How do you evaluate employees when you aren’t in the office?
SBI TV Episode Summary:

Greg Alexander is joined by Phil Town and Max Ramberg to discuss common problems a family business may encounter, especially when related to a clash between the technology-based incoming generation and the older generation with years of business management. They then discuss how to transition from that “old school” to “new school,” not only people but also technology.

Next, the panel answers questions from several small business owners. Questions include how to get credit for their company in the poor economy, how to market to various demographics with one business strategy, and how to save money on your employee’s health benefits.

Finally, they discuss evaluating and grading your employees in order to measure performance and properly reward the employees, despite a busy schedule.
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Видео 7 Challenges Every Family Business Faces | MSNBC Interview канала SBI TV