The ups and downs of a family business
From e-glass weekly
All in the family
Whether large or small, family businesses enjoy a sense of trust and familiarity with family co-workers that eases the decision-making process, according to an e-glass weekly article.
Family-owned businesses also benefit from the personal interest family members have in the success of the company, says Thad W. Ziegler, president of Thad Ziegler Glass in San Antonio.
“You work harder, care more,” Ziegler says. “Our employees care about the company, but a person who has ownership obviously has more interest."
Family businesses share some common challenges. One of the biggest risks associated with family-operated companies is the potential for unqualified family members to end up in leadership roles, according to an April 17 e-glass weekly reader survey.
To read Katy Devlin’s series on family businesses, check out the April 10, 17 and 24 editions of e-glass weekly athttp://news.glassmagazine.net/issues/