Podcasts about family business what

National Family Business Advisor of the Year Award Winner, John Broons helps family businesses build their legacies and reclaim their family lives. John talks to Stephanie about the differences, opportunities and challenges of family business. 'A business has a fixed time frame but a family is forever.'Values are the foundations of a family business and understanding these values is critical to navigating the business success.Some questions that you may consider as a member in a Family Business:What are the rules of engagement and what are the rules about entry and exit?How do family members represent the brand and who is the best person to do this?Do you have a family charter that’s dynamic?

Join Jonathan Krueger as he interviews Henry Hutcheson, President and Founder of Family Business USA and has 25 years of experience in business management and global family business consulting across a range of industries and is a veteran of a family business himself. He is a frequent corporate and university speaker, as well as a columnist and writer for the News & Observer, Charlotte Observer, Nursery Retailer, The State, and Family Business Magazine. He has been quoted in the Wall Street Journal, Crain’s, and other business and trade magazines. His new book is Dirty Little Secrets of Family Business (3rd edition): Ensuring Success from One Generation to the Next.  IN THIS EPISODE: On today’s show we will be talking to Henry Hutcheson, President and Founder of Family Business USA and has 25 years of experience in business management and global family business consulting across a range of industries and is a veteran of a family business himself. He is a frequent corporate and university speaker, as well as a columnist and writer for the News & Observer, Charlotte Observer, Nursery Retailer, The State, and Family Business Magazine. He has been quoted in the Wall Street Journal, Crain’s, and other business and trade magazines. His new book is Dirty Little Secrets of Family Business (3rd edition): Ensuring Success from One Generation to the Next. During this episode you’ll hear:  What inspired him to write Dirty Little Secrets of Family Business What “dirty little secrets” means Why family businesses are not really structured to last past a generation or two The handicaps third generation business owners face that keep them from running the business successfully and honor the traditions of the business What brings on the sense of entitlement the founders’ children feel How to mitigate that sense of entitlement The single toughest challenge for a family business What happens when there’s no one to take over leadership of the family business The smartest way for a family business to plan for succession and where to start Opinions expressed on this program do not necessarily reflect those of LionsGate Advisors. The topics discussed, and opinions given are not intended to address the specific needs of any listener. LionsGate Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.  RESOURCES: The Source: Henry Hutcheson has 25 years of experience in business management and global family business consulting across a range of industries, and is a veteran of a family business himself. He is a frequent corporate and university speaker, as well as a columnist and writer for the News & Observer, Charlotte Observer, Nursery Retailer, The State, and Family Business Magazine.He has been quoted in the Wall Street Journal, Crain’s, and other business and trade magazines. His new book is Dirty Little Secrets of Family Business (3rd edition): Ensuring Success from One Generation to the Next. Learn more at www.familybusinessusa.com.

No matter what the size of a family enterprise, the unique – and often volatile – mix of personal family relationships, business strategy and ownership criteria can create an emotionally charged environment that makes decision-making, not to mention day-to-day management…… Challenging. And as the founding generation ages, succession and power issues across an expanding family can create cascading concerns.  In a study by pwc Global, 71% of family enterprises have NOT adopted any procedures for resolving conflict between family members.  In today’s episode, David will tell us:  What is the Difference in a Family Council and a Board? What are the Benefits of having Structured Governance no matter what size Family Business you have? How does having Family Council Meeting help in Estate and Succession Planning for the Family Business? What would be the First Steps a Family Business Leader might take to set up a Family Council for your Business?  As a special gift for joining us for the Family Business Today podcast, we would like to send you a FREE COPY of Family Council – What it is and Why You Must have One. You will learn: The Purpose of a Family Council The Difference between Family Meetings and Family Councils The Responsibilities of a Family Council How Do We Start a Family Council? and more….  Send us an email today to info@tncfb.com and simply say “Governance”.