Plan your exit before you enter. Advice that sounds intimidating yet can save your family and the business when they come together. Ken Falk of Fraser Valley Specialty Poultry has been part of a generational family business and sees the impact it can have at the dinner table.
On the latest episode of Serenity Now for Entrepreneurs, Ken shares the toll a family business can take if not managed correctly, the importance of having shareholder and family agreements, why bringing in outside help is necessary, and much more.
Ken provides a list of twelve concepts for your family to consider, all learned through experience. This episode could elevate your family dynamic and business; don’t miss it.