Men, women run family businesses differently

Men, women run family businesses differently

source-image
May 01, 2008


STEPHANIE DALTON COWAN, GETTY IMAGES
Do you see yourself—or your boss—in these findings published in the Journal of Business Research about male and female owners of family businesses?

> Revenue of women-owned family businesses improves when relatives work there. When men hire family members as employees, revenue suffers. Why? Researchers believe women hire family members in good and bad times, but men may bring on relatives only as a last resort in bad financial times.

> When women owners reported sleeping less, revenue increased. When men slept less, their revenue decreased. Do sleep-deprived women have special insight into entrepreneurship? Researchers say not necessarily. It may be a result of how things are going when people lose sleep. Men devote more time to their businesses—and sleep less—when they're in financial trouble. Women sleep less regularly to manage both family and business responsibilities.

Hot topics on dvm360

Blog: Election results pose obstacles for veterinary prescription law

Flip in U.S. Senate's majority may slow progress of Fairness to Pet Owners Act.

7 steps to a better relationship between veterinarians and rescue groups

A DVM in the city shares his advice to veterinary practices for working with rescues.

The war between shelters, veterinarians needs to end

Despite practitioners’ legitimate gripes, they’re hurting themselves.

Making it work: Cavanaugh Pet Hospital dedicates itself to a positive, productive shelter relationship

Watch "Moustakas" benefit from Cavanaugh Pet Hospital's partnership with Furry Kids Refuge.

Ebola-exposed dog's first test for the virus is negative

Bentley will continue to be treated with an abundance of caution for the remainder of his quarantine, while his owner has been declared 'virus-free.'