Rules of Engagement

business-successFamily business continuity involves the development of an agreement on how decisions will be made or terms for employment of family members. The family's Rules of Engagement define expectations and help a family business avoid running into trouble. Many successful family businesses have pre-set ground rules that define expectations.

By |2017-07-10T13:48:23-06:00January 13th, 2009|Categories: Uncategorized|Tags: , , |

It’s In the Sauce

business-successWhen a family business adopts a mission statement that spells out the business rules of engagement, the members of the family working for the business have something to anticipate. When it's possible to look forward to what lies ahead for a family business, a forward-looking approach and outlook is developed.