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Family Businesses Ask:

How Can I Get My Family Business to Work Us?

Contact Barry

Family Businesses Ask:

How Can I Get My Family Business to Work Us?

Contact Barry

About Us

The Good and Bad News

The Good News: Family business can create generational wealth.

More Good News: Most family businesses are not like what you see on the HBO TV Series “Succession”.

The Bad News: Most family business do not survive transitions between generations.

THe Facts about Family Business

Fact: 90% of U.S. business are family owned or controlled.

Fact: More than 1/3 of the Fortune 500 companies are family owned or controlled by families.

Fact: Family businesses generate 50% of the U.S. GNP.

Fact: Less than 1/3 of family businesses survive the transition from first to second generation ownership. About half don’t survive the transition from second to third generation.

Why Family Business is So Hard

Traditional family relationships complicate things. As a family business expert, Barry Moltz notices that alot of times the company structure reflects the roles they have in their family. The bossy sibling is the same bully in the business. The father, if they are the head of the household wants to tell everyone else what to do. The peacemaker sibling smooths things over when tempers explode. The mother controls the budget at home and wants to approve how every dollar is spent. Personal feelings from a lifetime of baggage makes every relationship more complicated and sometimes unbearable in a business environment.

The issue with many family businesses is that they get stuck doing things the same way they have operated for 10, 15, or 25 years, even when the business outgrows that structure or skill. Regardless of what’s going on underneath, Barry’s family business clients come to him because the pain is so great that they can’t stay where they are. It is not only tearing their company apart, but they are ruining their personal and family life. Barry helps them get from where they are to where they need to go.

Family Businesses Ask:

Family Businesses Ask:

About Us

The Good and Bad News

THe Facts about Family Business

Why Family Business is So Hard

Family Business Blog

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