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

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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 family business. This includes what division of duties looks like when there are multiple generations, and multiple children and other family members involved. Plus, how do you separate work and family at the end of the day … or do you?

Miss an episode? Here is what we’ve covered so far this season:

EPISODE 9: 5 Profitability Myths
EPISODE 8: Modern HR + Profitability
EPISODE 7: The Value of Franchising + Profitability
EPISODE 6: Cash Flow Management + Profitability 
EPISODE 5: Succession Planning + Profitability
EPISODE 4: Intentionality + Profitability 
EPISODE 3: Training + Profitability
EPISODE 2: Technology + Profitability
EPISODE 1: Organizational Structure + Profitability 

Every episode is available on the C&R YouTube channel or your favorite podcast platform by searching “Restoration Today”.

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