Top 10 Things You Need to Know to Run a Successful Family Business
It is estimated that over 70% of all businesses are family run or family managed. However, less than 35% survive to see the next generation. What separates those family businesses that fail and those who succeed? Research shows that with thoughtful planning, education and guidance family businesses can continue on for generations while generating wealth and with family harmony.
This webinar will uncover the top “family business landmines” such that you and your family can recognize them, and will provide education and techniques to help your family business not only avoid them, but thrive as a family and a business. Top performing family businesses outperform non-family businesses on a number of financial metrics. There is no reason why this can’t be your family business.
Learn how to run, sell and pass on a successful family
business from an expert.
Watch the recording above.
You’ll learn and understand:
- The most important element to family business success
- The #1 conflict resolution tool
- How to prepare the next generation for success
- How to work with siblings
- The family business leader transition styles