How to Start a Family Business
Posted: Wed Jan 08, 2025 4:17 am
Family businesses can be a real test of a couple's strength. But potential difficulties do not prevent such enterprises from developing in Russia.
According to the Chamber of Commerce and Industry, about 74% of the small and medium business sector is made up of families. Elena Mingova, founder of the Cosmo Kids kindergarten franchise, told us how to start a family business from scratch and avoid typical mistakes.
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Content:
How We Started a Family Business
What is a family business
How much money is needed to start a family business
How to Start a Family Business
It is important to agree on the rules on the shore.
Separate personal and work
Business idea for the whole family
Pros and cons of a family business
Success Stories
How We Started a Family Business
My first education is as a musician and teacher and I have nigeria whatsapp phone number been working in preschool education for about 17 years. My husband and I opened our family business gradually.
Initially, I pursued a musical career: I performed as a violinist on the big stage and worked with preschoolers at the same time. At some point, I got excited about the idea of a music studio for early childhood development and decided to open my own business. But I periodically involved my husband, he helped solve organizational and administrative issues.
Over time, my husband began to work on the project more often. Thanks to our joint work, our business began to scale. First, a kindergarten appeared instead of a studio, then a franchise. Now there are about 30 kindergartens and centers in the network, which were opened under our franchise throughout Russia.
RB.RU organizes a meeting of the Founders' Mondays project for beginning and experienced entrepreneurs. Twice a month on Mondays.
According to the Chamber of Commerce and Industry, about 74% of the small and medium business sector is made up of families. Elena Mingova, founder of the Cosmo Kids kindergarten franchise, told us how to start a family business from scratch and avoid typical mistakes.
Subscribe to RB.RU in Telegram
Content:
How We Started a Family Business
What is a family business
How much money is needed to start a family business
How to Start a Family Business
It is important to agree on the rules on the shore.
Separate personal and work
Business idea for the whole family
Pros and cons of a family business
Success Stories
How We Started a Family Business
My first education is as a musician and teacher and I have nigeria whatsapp phone number been working in preschool education for about 17 years. My husband and I opened our family business gradually.
Initially, I pursued a musical career: I performed as a violinist on the big stage and worked with preschoolers at the same time. At some point, I got excited about the idea of a music studio for early childhood development and decided to open my own business. But I periodically involved my husband, he helped solve organizational and administrative issues.
Over time, my husband began to work on the project more often. Thanks to our joint work, our business began to scale. First, a kindergarten appeared instead of a studio, then a franchise. Now there are about 30 kindergartens and centers in the network, which were opened under our franchise throughout Russia.
RB.RU organizes a meeting of the Founders' Mondays project for beginning and experienced entrepreneurs. Twice a month on Mondays.