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5 surefire ways to screw up your family business

Manage the family and your business

What does it take to succeed as a family business? Family businesses are unique animals with all of the thrills and challenges of nonfamily businesses plus the additional complications that can stem from working with family. Join AGH’s Marjorie Engle as she presents key mistakes many family businesses make and provides recommendations for how to avoid them. From employment and compensation to family conflicts and planning processes, she will have steps that you can implement to help improve the odds that your organization runs well, your employees are happy, and your family life stays peaceful.

What you'll learn

  • Explore frequently seen mistakes family businesses unknowingly make that result in conflict, failed succession or a failed business
  • Gain an understanding of why it’s so easy to be tripped up by common pitfalls
  • Consider solutions and strategies of successful family businesses
  • Learn about resources that can assist a family business

Who should watch

  • Family business owners/leadership (both family and nonfamily employees)
  • Family business attorneys
  • HR professionals

Additional information

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Connect with Marjorie

Marjorie Engle
Senior Vice President,
Organizational Development & Family Business Services

Marjorie Engle's extensive expertise in board governance, executive coaching, organizational analysis and succession and strategic planning has helped closely held and family-owned entrepreneurial businesses throughout the nation succeed.

One of the few consultants in the central US specializing in family business matters, Marjorie holds a Certificate in Family Business Advising from the Family Firm Institute (FFI). The FFI has recognized her expertise and contributions in the area of family business management by naming her an FFI Fellow. She is also a certified coach with Family Business Partners and associate director of the Kansas Family Business Forum, hosted by Wichita State University's Center for Entrepreneurship.