Month: August 2020

Episode 47- How to Deal with Conflict in Family Business

Episode 47- How to Deal with Conflict in Family Business

Given COVID-19 lockdown circumstances, families are seeing much more of each other than usual. Have you thought about how this can affect your family business?

In this episode, Tim Scannell sheds light on the importance of identifying potential conflicts in the family business, how these conflicts can accelerate and what the potential repercussions of conflicts are. He discusses the key steps to reducing and resolving such conflicts, and shares tips on how to resolve them if they come up.

In this episode, you will learn:

  • The four levels of family business conflict
  • The negative effects of allowing conflict to fester
  • How you can mitigate conflict within the family business
  • How working remotely may have affected professional relationships
  • How an “outsider” can help avoid and resolve conflicts
  • And more!

Tune in now to discover the steps you should take to prepare against conflict in your business!

Resources: Hightower Great Lakes

Episode 46 – Finding Your Advisor Glass Slipper

Episode 46 – Finding Your Advisor Glass Slipper

Having a financial advisor is great but having one who understands and works towards your goals is even better.

Tim Scannell reveals the many types of financial advisors available and how each can benefit various financial situations. He discusses the importance of finding someone who fits with your goals and the importance of open communication with your advisor to get the most out of your financial plan.

In this episode, you will learn:

  • The different types of financial advisors
  • The importance of finding a financial advisor who fits your goals
  • Why your financial advisor should be a fiduciary
  • The importance of communicating with your financial advisor
  • And more!

Tune in to learn more about finding the right advisor for your financial future.

Resources: Hightower Great LakesThey Ask You Answer by Marcus SheridanEpisode 10  ❘ Episode 22Episode 23