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The Growth Challenges of Family Businesses

The Growth Challenges of Family Businesses

By Nina Kaufman, Esq.

Family.  You can’t live with them; can’t live without them; most assuredly, want to pull your hair out working with them (sometimes). Family businesses are delicate creatures, and as James Lea (via Marian Banker’s blog) points out, trying to effect positive change takes honesty, courage, and willingness–characteristics often in short supply. I briefly worked with a brother-sister business which came to a disastrous end because of cultural differences. They came from a traditional Asian culture and set up a flower shop in the area. The brother (who knew less about the business and had fewer “people skills”) insisted on remaining the big shot, and felt threatened by his sister’s increasingly visible role in the business — a role which would seem normal from U.S. cultural standards, but not given their family background. So it’s important to take a moment to see if there are any underlying social or societal mores that also may be at play, which could get in the way of making changes in and to the business. If Dad just can’t see…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.