Managing the Family Business: Creating a Business Plan
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Managing the Family Business: Creating a Business Plan

Biz Library
Updated Dec 31, 2018
Welcome to the second of three videos in the "Managing the Family Business" series! According to the Small Business Administration, lack of planning is one of the top four reasons why businesses fail. In this video, we cover one of many important plans you need, the family business plan. This "Managing the Family Business" series isn’t intended as legal or financial advice. Our focus is on the management aspects of running a successful family-owned business.