Determining Key Positions for Family Members in Your Family Business

Keeping family members from stepping on each other can go a long way toward preventing conflict in your family business

Whenever I meet someone and they ask me what it’s like to work in a family business, they almost always begin by asking how hard it must be to work with each other and how much fighting goes on. In our family business we actually get along well with each other. In fact, most family businesses I meet also don’t have the typical conflict and infighting stigma that follows us around. More…

Keeping Family “Out” of the Family Business

The parents in a family business usually encourage their children to join the family business at an early age. The pitch to join the business can be as active as a full court press or as passive as a passing mention. When they finally decide to join, the parents are usually thrilled that their children are following them in their footsteps.

But what happens when you don’t want them to join? More…