If you operate a swimming pool and spa supply store, there's a very good chance it's a family-run business. After all, brick and mortar operations are the very backbone of the industry. But running this type of business successfully requires a particular approach.

Recently Remodelers Advantage addressed this very issue in a video highlighting the 5 most common mistakes most family businesses make. Although the organization is a support group for the remodeling industry, the information Victoria Downing presents still is relevant.

Watch as she discusses the book The Eight Building Blocks for Creating a Sustainable Closely Held Company by Wayne Rivers, Co-Founder and President of The Family Business Institute. Read More