If we talk about the path that leadsIf you approach a modern woman with the idea of starting a family business, in most cases it starts with internal discontent and the inability to realize your full potential in the workplace. We all tend to think about our future. To analyze the current financial situation. To consider the pros and cons of the current state of affairs. And very often such an analysis leads to disappointing conclusions. Someone believes that no salary can justify conflicts with the boss, someone dreams of introducing some innovation into their work that contradicts the rules adopted in the company, and someone looks even further and understands that the only opportunity to become truly independent and create a solid financial base is to have your own business. It should be noted that you will not be alone in your decisions. Nowadays, more and more girls and women prefer to work for themselves, and most importantly, they successfully implement their decision. Moreover, if you choose a family business, your closest people will become your partners: husband, parents, brothers and sisters. And who can help you better than people you trust unconditionally?
I have an idea? Sound it!
Like any innovation, a family businessstarts with an idea. And if you and your family members have decided to combine your efforts, capital, skills and professional abilities to achieve one goal, you will have to work hard even before you start your own business. The most important question at the first stage will be "what to do?", and the answer to it is not as simple as it seems at first glance. To begin with, you need to consider what skills each of the participants in the future family business has. They will become your main capital. Yes, yes, there is no reservation here. Let's say you have always dreamed of opening your own fashion studio, but there is not a single designer or tailor in your family. And if a pie maker starts making boots and a shoemaker bakes pies, nothing good will come of it. This means that the direction of business must be chosen based on professional skills, preferably supported by real experience. After all, you want your business to prosper, which means you need to set real goals. But don't think that having the talent of a pastry chef, you should forget about it and start your business based on a teaching diploma. No way. If you are confident in your abilities - go for it!
Exploration by battle
The next step is marketing researchmarket. You need to enter it with a service or product that will be in demand, and therefore bring profit. Here, if you believe the professionals, many people make their main mistake. Namely, they try to offer the consumer or buyer something completely new. Undoubtedly, innovation can help you make your goods or services unique and recognizable. But! It will take a lot of time for people to accept and understand the value and all the advantages of your goods or services, and you cannot afford it yet. After all, your family business has not yet proven itself. Therefore, it would be more optimal to choose a product that is in demand on the market, but add something of your own to it. At this stage, it would not be superfluous to familiarize yourself with the experience of "experienced" ones. Practical advice on this topic can be gleaned from literature: the books "Family Business" by Christina Jones or "Managing the Family Economy" by S.A. Reznik can give clues to those questions that are quite difficult to answer without real experience in running a family business. And also, at the initial stage, this venture will require a lot of internal resources from you and your team members. And the main thing here is to be able to support each other, calmly deal with unclear moments. After all, it is now that the foundation of business relations between close people is laid. And you need to try to start the business in such a way that the joint business does not become a source of conflicts. On the contrary, it should make your family ties even stronger and more reliable.
With the world on the thread. Looking for capital to achieve a dream
Any business requires not only physical,mental and emotional costs, but also financial investments. It may sound prosaic, but the dream of a family business will have to be forked out. There are several options and possibilities. Let's start with the most obvious. If members of your family become participants in your joint business, then it is reasonable to consider the option of their shared participation in the initial costs. The required starting amount is determined and divided among all participants. Of course, shared participation in the business must be properly formalized. It is possible that one of the team members will want to leave the business, which means it is necessary to clearly fix what part of the money he can take. By the way, based on the initial contribution, a percentage of the profit will be calculated, which each of the participants in the family business can claim. But so far, there is still a long way to go to make a profit, and therefore, let's consider the second option. If you start a business together with your husband or sister or brother, but at the same time want to become the sole owner of the family business, then you will have to contribute the entire initial capital yourself. Take a loan if you have no savings. Or get a loan for small business development. And, by the way, recently local authorities not only issue such loans, but also establish tax breaks and preferential rates for advertising on local television. And if there is no other way out, you can turn to local authorities for help.
What's in a name?
Another important question at the initial stageThe formation of the idea of a family business is the definition of the organizational form of the enterprise. You must decide what exactly it will be: CJSC, LLC, PBOYUL. And if the decoding of the first couple of abbreviations is unfamiliar, perhaps, only to babies, then the last one will require some explanations. By the way, it is this form of enterprise organization (an enterprise without forming a legal entity) that is the most used and the most popular, since, having registered as a PBOYUL, you will pay taxes under a simplified system. And taxes, as the "sharks of business" joke, - cry, but pay. This means that you need to do everything possible at the very beginning so that there are as few problems as possible with paying taxes. Especially if there is no good accountant among your family members and you will have to hire one on the side.
Vertical power, or nothing personal
Well, the money has been found, the idea meets all the requirementsthe above requirements, the business plan is calculated to the smallest detail. It seems that you can calmly start working, implement the idea that you have so carefully prepared for and strived for with such persistence, overcoming all bureaucratic obstacles. But this is where it is worth especially considering all the pros and cons of a family business. If you rely on the facts, there is only one plus in this case: at the initial stage, when a family business requires complete dedication, sometimes not bringing significant profits, only close people can treat the problems that arise with such understanding. Work in an emergency mode and take care of the prosperity of the common business. But after the end of the formation period, each of the team members wants to receive the dividends due to him, in his opinion. In the form of profit, a management position or satisfaction of their own ambitions. It is precisely such disagreements that can lead to the collapse of your business. But believe me, this is not scary. The whole world knows about the confrontation between two giant corporations Adidas and Puma. But this is a confrontation between two brothers: Rudolf and Adolf Dassler, who made a mistake and brought family troubles into the business. In order to avoid such problems and not only not lose, but also strengthen family ties and bring prosperity to the family business, you will have to learn to be a subtle psychologist and a perspicacious leader. Economists, among other things, advise following several simple rules:
Starting a business with loved ones,entrepreneurs, in addition to the usual problems for all beginners, face additional difficulties. According to economists, this is the reason for the slow development of family business in our country. Of the three enterprises founded by families, only one survives. But if you learn to find a common language and, after reading our article, try to avoid obvious mistakes, your small family business may well become a huge corporation over time, passed on by inheritance. The main thing is not to forget that no profit can make you happy if it has brought discord to the family. And no corporation is worth warm and trusting relationships between family and loved ones. We recommend reading: