Cabins and Family Conflict
Posted inFamily Business

Cabins and Family Conflict

I was in a meeting recently with several professionals, one of whom is a lawyer and specializes in family litigation – most of it pertaining to family businesses. He told us that cabins cause more family disputes and litigation than do family businesses. He also noted that it is probably easier to pass on a family business to the 2nd generation than it is to pass on the...
September 19, 2020Posted inFamily BusinessTags: , , ,
I Can’t Marry Into This
Posted inFamily Business

I Can’t Marry Into This

Editors Note:  This story is a compilation of three different calls I received in the last year which were remarkably similar.  All three found me via this web site and called me for advice. Two were female, one was male. The names and particulars have been changed or merged so that their identities are protected.  But their story is repeated every day, in nearly every county across...
September 19, 2020Posted inFamily BusinessTags: , , ,
Unequally Yoked
Posted inTheology and Business

Unequally Yoked

What does it mean to be "unequally yoked" in the business world? I once thought it meant you couldn't have partners in business who weren't Christians. I no longer think that way – at least that specific thought. But before I say much more, let's review the passage from 1 Corinthians 6.14-17: Do not be yoked together with unbelievers. For what do righteousness and wickedness have in...
August 9, 2020Posted inTheology and BusinessTags: , ,
Role Confusion in Family Owned Businesses
Posted inFamily Business

Role Confusion in Family Owned Businesses

In most family owned businesses – whether Christian or not – there is usually an enmeshment of roles for family members who work in the business. They confuse the four roles that anyone can play in a corporation: Shareholder Board of Director Member Corporate Officer Employee It's not uncommon for individual family members to hold all four of these roles and then combine the distinct authorities of...
January 3, 2017Posted inFamily BusinessTags: ,