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Regardless of how your business was formed, or what your family system looks like, the family dynamics, culture, traditions and personality will permeate the business. As a family business you should embrace that and make the family and the company better because of it.

Some see the family business as a golden goose whose eggs they harvest and pawn, but want to take no responsibility for the health of the goose. Consultant Richard Segal explains how to develop good practices and maintain family harmony while working together toward common goals.

If good boundaries are established and maintained, then the typical borders that cause family business war – love, hate, greed and jealousy – will remain good reading in novels and not be the basis for real life soap operas.

Finding the point where the family decides that the business is not for sale is the point when things begin to change. Family business expert Richard Segal shares how families and businesses can grow with success.

Establishing a board isn't easy, but it is so very valuable for family businesses, where decision making is often complicated and convoluted. Family business expert Richard Segal offers key points in a two-part series.

There is a delicate balance between family and business in decision making. So, what processes can be installed to examine those decisions and offer the best outcomes? Boards offer a process and structure that should offer the ability to improve decision making. First in two-part series.

Nov. 7, 2013 "Is the business for sale?" and "Whose decision is it?" are two questions that deserve deep understanding for family businesses to be successful.

April 18, 2013 - The passing this winter of Dr. Leon Danco, the pinnacle of the family business consulting field, inspires reflection on his life and the struggles and rewards of business survival.

Jan. 10, 2013 - Business distress and family trauma at the same time is like multiple organ failure. I dare say that a family business might be more likely to survive the sudden unexpected death of the major shareholder and CEO, than to survive his or her divorce.

Aug. 30, 2012 - Families that own businesses operate those businesses for the benefit of the family. Remember, It's called a family business, not a business family.

July 12, 2012 - What do you do about the family-member employee who just doesn't perform? Be collaborative in positioning your family in your company and never put the round peg in the square hole.

June 7, 2012 - Businesses are assets that can be bought, sold and liquidated. Families are a lifetime investment in love, support, nurturing and caring. Sometimes families aren't meant to be in business together, and recognizing it before the family is destroyed makes good sense.