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eNewsletters Posted - EFOB Newsletter February 2012: 02/15/12 : 02:53 p.m.

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Welcome to the inaugural issue of SingerLewak's "Entrepreneurial & Family-Owned Business (EFOB)" e-Newsletter. Many Entrepreneurs develop the same relationship with their partners that mirror Family- Owned Businesses, or have to deal with family matters of one shareholder/partner, if not more. Thus, we have combined these two ownership types and have set out to discuss common opportunities and issues that each deal with, on a daily basis. We are committed to issuing this newsletter monthly, acting as an up-to-date resource for privately-owned companies.





   

FAMILY GOALS
Developing a Mission Statement for the Family and their Business


A mission statement helps clarify the goals and objectives of the family and the business they own. It is important to first understand the difference between a mission statement and a vision statement.



   

BUSINESS GOALS
FEI Responds to State of the Union Address


Financial Executives International (FEI), a professional association for senior-level financial executives from both major public and private companies, today issued a statement to address reservations with certain key points of President Barack Obama's State of the Union address Tuesday.



   

OWNER GOALS
New Leaders Must Be Prepared for Uncertain Times

 The phrase "new normal" made a comeback after the financial crisis, suggesting a fundamental shift in the economic and business landscape. A few years on, many family enterprises are still struggling to define the new normal for themselves. It's not surprising that many of those businesses remain hesitant to make bold moves.



 



Recently, David Krajanowski, Managing Partner, presented Rachelle Cracchiolo with a Medium Business Award at the Family Owned Business Awards Luncheon, held by the Orange County Business Journal. Read his speech honoring Rachelle for her inspiring story and business, Teacher Created Materials Publishing
(Click Here)