The Holidays and Family Businesses

Work can be a main topic of conversation at holiday celebrations especially in family businesses. Frustrations and shop talk can dominate times that would be better spent creating fonder memories. Family get-togethers can be more pleasan even for those spending innumerable hours working in a family business.

Business-focused conversations don't have to turn into business meetings, as long as you remember that there are other important things in life. Family holiday gatherings should ideally be free of business disputes or serious discussions about hanging issues about the business. Boundaries outside of the business should be respected.

Even with so much joy and companionship possible within families, the negative stress of family business issues can cause it to degenerate quickly. The San Diego Source recommends that sarcasm or put-down humor be avoided, as it can lead to potentially incendiary disputes. Focusing on positive will help make the time together bright and cheerful.

Psychologist Tom Davidow told NorthJersey.com that family members who are also business partners can put these discussions aside for the day while they’re together or “don’t plan on spending the whole day together.”

There is good reason for this behavior, according to the Associated Press. Eager owners are always finding ways to improve their businesses by doing things differently or more efficiently. Smart owners and business partners realize the need to escape business-focused conversations from time to time.

You may like these other stories...

Event Date: August 21, 2014, 2 pm ETMeet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs.  Kristen Rampe will share how knowing the keys to structuring...
Event Date: August 20, 2014, 2:30 pm ETIn this session we'll review best practices for how to generate interest in your firm’s services. Topics include:Web Based Marketing StrategiesAppointment SettingNetworking...
Recently, there has been a lot of buzz about the future of continuing professional education (CPE). The American Institute of CPAs (AICPA) created a task force on the Future of Learning with an accompanying fancy website. In...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.