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).
Low-code app development platform Crowdbotics raised $22 million in a Series A funding round led by Jackson Square Ventures. Crowdbotics has helped more than 14,000 customers launch apps without having to learn how to code. The company can offer a team of expert developers to help companies launch custom apps, or provide the means for companies to develop apps themselves. Crowdbotics CEO Anand Kulkarni joined Cheddar News' Closing Bell to discuss.
Comcast announced that the company has beaten its projected earnings for Q4. However, the telecommunications giant fell short of its predictions for customer growth.
Kim Kardashian’s shapewear brand Skims has doubled its valuation to $3.2 billion. Investors have taken a bet on the success of this brand in the form of fresh funds for the two-year-old company.
McDonald's missed on both the top and bottom lines in its Q4 earnings, marking the fourth loss for the fast-food giant in the past eight quarters. It comes as higher costs from food to wages ate into the blue-chip company's profits. George Seay, CEO of investment advisor Annandale Capital, joined Wake Up with Cheddar to discuss the recent numbers and the better-than-expected success of the McPlant burger made with plant-based Beyond Meat. "They're changing with the times, and they have to," Seay noted. "You can just sell a Big Mac to everybody. There's a lot of people who don't want to eat a Big Mac anymore."
Moderna launched a clinical trial of a COVID-19 booster shot specifically targeting the omicron variant. The first participant has already received a dose, and Moderna expects to enroll about 600 adults total, split between two groups. In the first group, participants will have previously received two doses of the Moderna vaccine, and in the second, participants will have received its booster. Dr. Paul Burton, chief medical officer at Moderna, joined Cheddar’s Opening Bell to discuss the trial, yearly boosters, and what lies ahead for the company.