During an average business day, I would wager the average
business owner conducts or attends at least one business meeting.
However, in my experience, most family businesses never have
conducted a family meeting with all interested parties in
attendance even though such a meeting potentially could solve or
Why do so few businesses take advantage of the opportunity? Most
family-business owners say they never have considered having one,
feel uncomfortable bringing the family together in such a setting
or simply do not consider it a priority.
Family meetings are as important to the success of a company as
any management meeting. Although the meetings may feel
uncomfortable or awkward at first, a well-run meeting should bring
a family closer so during tough periods, such as illness or death,
the family unit and company are prepared to survive.
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