Lesson 513

All in the Family

Does your family talk marketing over meatloaf? Do you know someone who tracks revenue at the family reunion? Family-run businesses come in all shapes and sizes whether you’re a mom-and-pop shop or the Ford Motor Corporation. Learn how families work, grow, and fight their way to profits.

What Students Learn

  • Learn about various communication strategies for running a family-based business, and dealing with family conflict.
  • Identify how families keep business separate from personal, both in their roles and in their finances.
  • Know the importance of succession planning including wills, trusts, and other options.

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Each Activity: 45-60 minutes

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