Myth Busting Family Businesses

Myth Busting Family Businesses

When most people think of a “family business”, their mind instantly turns to some version of a little corner shop, most likely run by a husband and wife. If not that, as there are famous examples of very successful family businesses, then most would at least assume a few key characteristics about the business model.

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Steve Woodward

I have worked with many family owned businesses in diverse industries over the last 20 years and this has allowed me to gain a greater understanding of how a family business can achieve growth, the risks involved and how governance plays an essential part in ownership control. I am happy to share and extend my experiences with you on how to make a successful endeavour when taking on the challenge to start or run your own family owned business. I welcome you to comment and debate any issues that you face in managing your family business, or to share your successes and best practices with us.

– Steve Woodward

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