Bravo TV host Tabatha Coffey knows there are a lot of nuances involved in starting a family business. “I think it’s definitely hard to be in business with your family because of the emotion,” she told Cheddar in an interview. “They’re always going to be family. There’s always going to be family dinners and birthdays and celebrations and events that you have to share with them, so you have to work harder to get through. But I think it can be incredibly rewarding. ” Coffey, who advises family businesses on her new show “Relative Success with Tabatha,” says that a strong foundation and proper planning will help ease the struggles. “The family dynamic, you have to move through it, and you have to move through it before you get into the business,” Coffey said. “Make sure the roles are really clear, what everyone is going to be responsible for, so that they’re not just waiting around for another family member to come and clean-up behind them.” “Relative Success with Tabatha” airs on Bravo at 10 pm ET. For the full interview, [click here](https://cheddar.com/videos/tabatha-coffeys-back-in-business-on-bravo).

Share:
More In Business
Lilly Singh Partners With Aavrani for Hair Products
YouTube comedian and writer Lilly Singh is partnering with Aavrani to work on a new hair care collection. Singh spoke with Hena Doba and provided Cheddar News with a glimpse of her new project. "I'm going to say that choices are what makes the beauty industry so amazing," Singh said.
Stretching Your Dollar: The Great Wealth Transfer is Coming Soon
It's expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Load More