Family Circle

The restoration industry is full of family-owned and operated businesses of all shapes and sizes. Family Circle is a column dedicated to sharing triumphs and struggles of being in business with family. Whether it is a husband-wife team, brothers and sisters, parents and children, there are unique dynamics that go into running a successful, thriving, and healthy family-owned and operated company.

Today, ATI is the largest family-operated restoration company in the U.S., and continues growing its footprint. The Moore family is authentic and transparent about their company, active in the restoration industry, and bring unique ideas and perspectives on everything from operations to culture and leadership.

This column is sponsored by ATI Restoration.

Managing Profitability in a Family-Run Business | Restoration Master Class Episode 10

Family businesses account for 64% of the U.S.’s GDP, and account for 62% of the country’s employment and 78% of new job creation, according to the Conway Center for Family Business. Family-run businesses are a crucial and vital part of our economy, and also present unique challenges with relationships, succession, and money management. In the 10th episode of our Restoration Master Class on Profitability, sponsored by Encircle, ATI’s Chief Acquisition Officer and second-generation restorer Jeff Moore shares his insights on what it takes to not just have, but grow and nurture a successful and healthy

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The Generational Shift

“Wealth doesn’t pass through three generations” –Chinese Proverb The statistics are daunting: Fewer than one in three family businesses are passed on to the second generation. Only one in eight make it three generations. (You don’t even want to know the statistics for four generations!) As a second-generation family business, I’m keenly aware the odds of handing down our company to the next generation are stacked against us. Daunting perhaps, but as Mark Twain famously observed, there are lies, damn lies and statistics. Just like you, my brothers and I are too busy helping

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Family Circle: The Owned + Operated Journey

Traditionally, ours was an industry of small, family-owned businesses. Family was practically synonymous with the restoration industry for decades. That’s beginning to change as our industry consolidates and more family-owned companies sell to investors. Yet there are still family-owned businesses, many with deep roots in restoration, whose owners are working hard to improve our industry. My family’s company, ATI Restoration, is one of them. My Dad, Gary Moore, founded ATI Restoration over 30 years ago. Dad still operates ATI together with me and my brothers Ryan and Scott. Our children (I have 4 children

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