Innovation. Family-owned businesses are complex! Whether it’s challenges with COVID-19, layering family dynamics, or a transition of ownership, it’s been a difficult year for many businesses. Family businesses have recently faced another challenge: competing against fast-moving, innovative competitors. Innovation has proven to be a key to if a business can continue to grow, change or die! In case you missed it, Barry Goodman shared with NBC’s TMJ4 insights to help us understand more about the importance of innovation.
Watch Barry on TMJ4 here.