Every Small Business is a Family Business

FAmily

Every Small Business is a Family Business

As a commercial property manager, I get to observe people working hard to carve out their piece of the pie. I see the struggles and triumphs of start-ups and small businesses. Better yet, I witness the human qualities of small business owners as they create a life for themselves and for their families. After years of observing entrepreneurs in their natural habitat I have come to the conclusion that every small business is a family business. Traditionally, a family business is defined as “a firm controlled primarily by a family and in which at least two family members work” (Jennings, Breitkreuz & James, 2013, p. 472). This had always been my understanding of a family business prior to managing an office building. I always pictured a father and his sons, a husband and wife or siblings working hard every day, side by side, building a business to pass on to future generations.  After getting a closer look, I see that a family business is not about blood lines or lineage. It’s not about heritage or legacy. A family business is about support, solidarity, encouragement, and never hearing the word “no” when you ask for help. A family business is any business that relies on the day to day support of people who care about its success.  

One of my favorite experiences of managing an office building is getting to meet the family members of the tenants I serve. I meet them for the first time when the glowing small business owner is giving a tour of the new office. I see them when they stop by to help run an errand or deliver emergency purchases from the office supply store. I see them walking briskly determined to help their loved one reach a deadline. I see them helping move items into a bigger office while smiling about what the expansion will mean.  I have seen it many times on their faces, how this is really their business too. They are invested. They have hope for the future success of someone they care about. It is for this reason I assert, that every small business is a family business, maybe not on paper, or on the business letter head, but in the hearts of those who share the dream of a loved one.

 

Reference

Jennings, J. B., Breitkreuz, R. S. & James, A. E. (2013). When Family Members Are Also Business Owners: Is Entrepreneurship Good for Families? Family Relations. 62, 472-489.

Beneficial but Overlooked CMC Office Amenities

CMC’s The Perfect Small Office Tenants are offered a wide array of amenities simply by being Tenants of ANY of the 7 area office complexes. Oftentimes, we get caught up in our business and forget to take advantage of all that surrounds us. Below are some of the commonly overlooked amenities that you can take advantage of immediately!

1.      Conference Rooms

Conference Rooms are available at all sites and are offered to you at a Tenant rate no matter where your CMC office resides. If you are looking for a small meeting space conveniently located closer to your client or need a facility that will host a large seminar, there is bound to be a location that will be happy to accommodate your needs! Many of our area locations are also able to play host to a day office for you.

2.      Fitness Centers

Fitness Centers are located at multiple CMC’s The Perfect Small Office locations as well. What better way to relieve the day to day stress of small business ownership than to jump on the treadmill and watch soap operas during your lunch break? Fitness Centers are also equipped with showers so you can get back to work clean and refreshed, ready to tackle the rest of your To Do List.

3.      Networking Events

Networking Events are critical to most business ventures and we know how hard it is to commit to yearly memberships with elite networking groups. CMC hosts monthly, non-membership, networking seminars at the Blue Ash Office Center brought to you by Market and Profit (MAP). This event is FREE to CMC Tenants with lunch catered by Raffel’s Catering. You can register for the next event at www.MarketAndProfit.com. CMC also hosts various events at each site throughout the year which you can stay up to date on through the site’s Facebook Page or the Quarterly Newsletter.

Many CMC Property Managers are also Licensed Notary Publics and are happy to notarize business or personal documents for you. Consult with your Property Manager if you are interested in utilizing any of the above, often overlooked, amenities and would like more information. We are here to help you and your company succeed!

Social Interaction vs Social Media

Working from home sounds ideal, right? Sure, there are benefits of not getting dressed in the morning or that dreaded commute….in the snow! We all have thought about the luxury of being able to relax at home or getting dinner in the crock pot before we start our workday.  We think about  the time we would be spending on our normal morning routines and having flexibility in our schedules to accommodate life. How could there ever be a disadvantage of working from home?

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Demystifying Small Business Blogging

Blogging Misses the Cut for Small Business Priorities

If you own or lead a small business, you are familiar with the vast number of tasks that need to be completed on a daily basis jut to keep the doors open. Priorities like paying suppliers, managing payroll, invoicing and sales probably top the list.

Over the past few years social media and blogging have become a big conversation piece in the small business world and have left many small business owners feeling a bit on the outside as to how to approach these new media opportunities in a way to maximize their businesses.

Hence the reason that blogging and social media aren’t on the “high priority” list.

The biggest reason for this is probably the fact that measurement in the new media arena is still hard to come by and what can’t be measured becomes incredibly hard to invest in.

However, the fear of not participating is causing a lot of companies to jump into social and blogging (content) activities. However the approach is more of a “check the box” rather than a strategy that works.

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LEAD Magazine Features CMC Regional Manager

CMC Properties Encourages Small Business Growth with the “Perfect Small Office”

Written by Katie Southerland

Entrepreneurship is experiencing a resurgence in the Tristate, even in the midst of a still shaky economy. Because entrepreneurs have been given an opportunity to network in a supportive environment, they are sharing ideas, support, and camaraderie to create lasting success. One of the drivers of this resurgence is the “perfect small office” spaces provided by CMC Properties, which currently accommodates more than 1,000 small business owners. If not for their properties, entrepreneurship might not be as robust.

When they began building office spaces in the 1970s, CMC Properties―developers, owners, and operators of residential, retail, and commercial property throughout Greater Cincinnati and the Midwest―had one goal in mind: to provide the perfect office environment for small business owners. CMC’s objective is to “lower the barriers of going out on your own” and “provide well-located and exceptionally affordable business communities for professionals and entrepreneurs” to operate independently.    

In order to achieve that, every inch of their office spaces were designed with the small business owner in mind. Offices were built so tenants can communicate just like they would in a corporate environment―sharing ideas, advice, and best practices―and all seven locations have property managers on-site that work to spur growth.

“We provide the office space, but more than that, we help entrepreneurs to get out of their homes and come into a conducive environment to become successful,” says Chasta Postler, regional manager for commercial property at CMC.

CMC promotes the growth of new and existing businesses in each of their locations. They hold monthly networking events for each property where owners can meet, exchange contact information, and answer questions about their business in a public platform. Moreover, CMC has a new online business directory that connects all seven offices. Tenants can log in, do business with one another, and see a calendar of events. These extra perks can help businesses grow, but more importantly, it gives business owners a chance to communicate with like-minded professionals.

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Marketing to Young Consumers Without Breaking the Bank/Springdale Office

Guest post by Julie Hartwell

The Millennial generation is coming  Marketing to Young Consumers Without Breaking the Bankinto its own as consumers. It’s an exciting time for marketers, as the entrance of these tech-savvy young’uns ushers in a slew of marketing opportunities.  Here are a couple of low-cost options that will cause a buzz without breaking the bank.

Social Media

From Twitter to Vine, Facebook to Reddit, social media has earned its place in the heart of digital culture. Thus, social media marketing has earned its place in the heart of marketing strategy. Engaging young consumers through these platforms is easy because they’re open to the public. You can advertise products and promotions while simultaneously learning about and interacting with your target audience.