Tabatha Coffey's Advice For Starting a Family Business
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).
Joe Mazzola, director of trading and education with Charles Schwab, joined Cheddar News to discuss Wednesday's trading session as markets closed mixed.
Summer camps across the country will open this month, but parents may experience some sticker shock. With the cost of goods and services rising, so is the price of camp. Cheddar’s Ashley Mastronardi spoke to experts who shed some light on how this will affect your wallet.
Living in New York City, working full time and without a car, Jessica Ray and her husband have come to rely on deliveries of food and just about everything else for their home. It has meant more free time on weekends with their young son, rather than standing in line for toilet paper or dragging heavy bags of dog food back to their apartment.
Cheddar News checks in to see what to look out for on The Day Ahead as Campbell Soup and Vera Bradley are due to report earnings while economic data, including the April trade deficit and consumer credit, are slated to be released. And Wednesday is World Food Safety Day.
Financial services company Marqeta released its fourth annual state of payments report which reveals how widely Americans have adopted new technology like mobile banking and wallets. Marqeta CEO Simon Khalaf joined Cheddar News to discuss how common digital payments have become.
