Family business – is it for you? Working in a family-run auction business has its own charm and perks. Apart from the obvious comfort of working with your loved ones, it also offers several benefits that make it stand out from other workplaces.
From fostering trust to enhancing teamwork, being part of a close-knit team can lead to increased productivity and job satisfaction. In this blog post, we’ll explore five key benefits of working in a family-run auction business – so read on to discover how you could benefit!
Working in a Family Business: introduction
There are many benefits to working in a family-run auction business. For one, you become part of a close-knit team. You know the other employees and their families, and you feel like you’re part of something larger than yourself. The work can be challenging at times, but it’s also very rewarding.
In a family business, you have the opportunity to learn from experienced professionals. You’ll learn about the auction process, how to value items, and how to negotiate with buyers. You’ll also develop people skills as you interact with customers and build relationships with clients.
The family atmosphere of a family-run auction business can be very supportive. If you’re having a tough day, your co-workers will be there to lift you up. And when things are going well, you’ll all celebrate together. There’s a real sense of camaraderie in a family business that you don’t always find in corporate settings.
If you’re thinking about starting a career in the auction industry, consider working for a family-run business. You’ll enjoy the close-knit team atmosphere and the opportunity to learn from experienced professionals.
Benefit #1: Stronger Sense of camaraderie
When you work in a family-run auction business, you quickly develop a strong sense of camaraderie with your co-workers. This is because you are working closely with people who are related to each other and who share common goals and values. This close-knit team environment can provide many benefits, including:
– A stronger sense of togetherness and teamwork.
– A more supportive and friendly working environment.
– Greater trust between employees.
– More opportunities to learn from each other.
– Increased motivation to work hard and succeed.
It really lends itself to a personalized work environment: At Aligned Asset Group we are a close-knit team that does a lot together!
We often work from travel and tagging to office hours and scheduled meetings. We also spend a lot of time together outside of work brainstorming, collaborating and enjoying each other. AAG is family friendly and adaptable for our employees, buyers, and sellers.
We work closely with one another because our coworkers and bosses are also our siblings, in-laws and parents. This structure creates a more personalized and flexible work environment – those benefits are passed on to customers who know they are working with people who can easily collaborate and bring them top dollar.
Benefit #2: Increased Flexibility
The second perk of working in a family business is increased flexibility. As the business grows, the family members are able to take on new roles and responsibilities that fit their strengths and interests.
This allows everyone to have a greater sense of ownership in the company, as well as more opportunities to grow professionally. This flexibility also gives family members the freedom to make decisions quickly, without having to go through a long chain of command. This can lead to quicker problem solving and more efficient business operations.
In addition, the close-knit nature of the team means that there is always someone available to help out when needed. Whether it’s covering for a sick co-worker or staying late to help with a big project, team members are always willing to lend a helping hand.
This increased flexibility and willingness to help out makes for a much more pleasant work environment and helps build strong relationships between team members.
Benefit #3: More Accessible Support and Resources
When you work in a family auction business, you have more access to support and resources. You can ask for help from your family members when you need it and they can offer advice and guidance.
You also have access to the family’s network of contacts and resources. This can be helpful when you’re looking for new auctions to participate in or when you need help with something related to your job.
Finally, when you work in a family business, you get to reap the benefits of shared knowledge and experience. Your family members can provide valuable insights and information that can help you succeed in your role.
AAG has employees with multiple roles: for a small family-owned business often means taking on a variety of responsibility and wearing multiple hats. From marketing to customer service or logistics, we often do it all. This can be a great opportunity to learn new skills and take on new challenges outside of one department.
Benefit #4: Personal Growth and Development Opportunities
One of the best things about working in a family-run auction business is the opportunities for personal growth and development that are available. As the business grows, so do the opportunities for employees to learn new skills and advance their careers.
In a family-run business, there is often a close relationship between the owners and employees. This can provide employees with valuable mentorship and guidance as they grow in their careers. Employees also have the opportunity to build strong relationships with other team members, which can lead to a supportive and collaborative work environment.
Working in a family-run auction business can be a great way to jumpstart your career or take your existing career to the next level. If you are looking for an opportunity to grow and develop as a professional, this could be the perfect fit for you!
AAG offers opportunities for growth and personal development.
We are active members in both our state and national Auctioneers associations and take the opportunities to attend both conventions annually. At conventions we network, participate in workshops and sit in on great continuing education courses.
This commitment to continuing education and development allows creativity within our team, diversity to other niches in the industry, and exposure to new developments in technology we can implement in our business. Our team invests in one another to create a strong work culture together.
Benefit #5: A Reputation for Quality Service
When you work for a family-run auction business, you quickly develop a reputation for being a quality service provider. This is because the standards set by the family are usually high, and they expect their employees to meet those standards. As a result, customers often come back to the family-run auction business again and again, knowing that they can expect quality service.
A unique Industry: AAG specializes in the transfer and sale of food manufacturing and processing equipment. The facilities we experience and sellers we work with are each different in their own ways. Every auction is different, and the fast-paced nature of the industry keeps things interesting.
Conclusion
Working in a family-run auction business can be incredibly rewarding, both professionally and personally. The benefits of being part of a close-knit team are numerous, from more opportunities for growth to feeling the pride that comes with supporting small business owners. Whether you’re looking for an exciting career or just want to work alongside people who understand your values and ideals, joining a family-run auction is sure to be an experience you won’t soon forget.
Overall, working for a small family-owned business is a great experience. We are part of a close-knit team in a unique industry, and have opportunities to learn new skills and professional growth. Working with Aligned Asset Group family business is a rewarding experience as we are all willing to embrace the challenges and opportunities that come with it.