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How to Use Family Business Systems to Resolve Disputes

By Marian Banker On February 14, 2010 Under Family Business

We already know family businesses are complex and challenging at best. David Gage provides some structure to understanding the systems involved.

In Resolving Disputes in Family Businesses, http://www.smallbusinessadvocate.com/small-business-articles/resolving-disputes-in-family-businesses-2227. David says: “a family business (FB) is really three distinct but intricately related systems. Each system—family, ownership, and business—has certain functions it must fulfill, and where these systems overlap, more opportunities are created for their functions to clash or be confused. Untangling them requires a clear view of how each system works on its own, as well as how they mesh together.”

David offers excellent examples of his systems as well as suggestions for resolving family issues.

What family business stories do you have to share?

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