Who Do You Trust?

David Bork, renowned Consultant of Family Business Matters, shares insight on how to build trust within a family in order to improve the success of the family business. Without trust, success of a family business will be difficult to achieve. Check out "Who Do You Trust?" from David Bork and the Family Business Matters Consulting Team today!

By | 2018-06-05T17:06:15+00:00 April 16th, 2018|Categories: Uncategorized|

A Place to Contemplate the Beauty of Mt. Sopris… in Memory of My Father

Mt. SoprisFamily is important to David Bork. In honor of his father, he created a garden in an area that offers a beautiful view of Mount Sopris, Colorado. The garden is dedicated to his father, but is also a gift to the community - for all to enjoy. A garden area is an excellent way to honor family roots.

By | 2017-07-10T13:48:19+00:00 September 12th, 2013|Categories: Uncategorized|

Form Should Follow Function in Family Business

Family business structure and the concept of adapting and evolving applies to family-owned business. When creating solutions for a family business, the first step is to analyze the functions that need to take place to make the business work. Family business structure and efficiency can ultimately lead to higher profitability.

Avoiding the Pitfalls of Nepotism – A Quick Review

There are two types of family business nepotism - the bad kind and the good kind. The good kind allows business owners to take advantage of relationships with respected employees and colleagues to help find and hire employees with a similar work ethic and values. This kind of nepotism can actually help a business.

The GOOD Kind of Nepotism

There are advantages to nepotism and there are disadvantages. The good kind of nepotism takes advantage of relationships with respected employees and colleagues to help find and hire employees with similar traits. Good nepotism has worked successfully for many family businesses and can foster an environment where employees feel that the employer really cares about them.

Family Business, Students & Spanish in Chile

During the Family Firm Institute's (FFI)25th Annual Conference in Boston, MA, David Bork was invited by Professor Claudio Muller to speak to his class in Santiago, Chile. With 100 people in attendance, Bork presented on several of the fundamental principles of Family business, including family business education, as well as topics covered in his book The Little Red Book of Family Business.

By | 2017-07-10T13:48:21+00:00 November 23rd, 2011|Categories: Uncategorized|

Structure of a Family Constitution

business-successA family business constitution expresses the will of the family for future generations and gives family members a sense of security about how matters will be handled including a method or process for the resolution of differences. The purpose of a family business constitution is to ensure each family member receives predictable and fair treatment.

By | 2017-07-10T13:48:22+00:00 February 18th, 2011|Categories: Uncategorized|

Family Constitutions Address Common Conflicts

business-successThere is little that can be done to avoid all family business conflicts. A family business constitution sets up the playing field for orderly succession. It also establishes mechanisms to help resolve conflicts before they have damaging effects on the business and on family relationships. Family constitutions are instruments of governance.

By | 2017-07-10T13:48:22+00:00 February 14th, 2011|Categories: Uncategorized|

The Family Constitution – Create One Before You Need It

business-successLearning how to write and implement a family constitution is important. Family businesses need rules that define expectations, and a family constitution can be written to address common family business conflicts. As families grow and family business issues become more complicated, a written family constitution becomes one of the most important gifts that founders can give to successive generations.

By | 2017-07-10T13:48:22+00:00 February 8th, 2011|Categories: Uncategorized|

Compounding the Assets

business-successWhen considering family business growth, an important task of the family business is to ensure the family business assets are compounded over the generations. This means that it is the responsibility of a business successor to work towards leaving future successors with more than was there at the beginning. It's important to have clarity with this task.

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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

 

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