Sun, 1 June 2014
The world of hospitality is built on the back of family businesses – parents who worked hard and established a restaurant, cafe or bar, then bringing some or all of their children into the operation. Or it may be brothers and sisters who work together, building a business with shared skills and a deeper level of trust than is usually found between regular ‘business partners’.
In this interview Ken Burgin talks with business advisor Aristidis Semertzidis. Trained as an accountant, Ari has worked with family businesses of all sizes. He has helped them to understand the shared responsibilities of a ‘family constitution’ and establish proper financial systems. We also discussed managing business succession between generations, and protecting family assets that have been built up over the years. You can contact Ari at WorkingKapital and on Linkedin.