Family Business

Ideal for entrepreneurs, successors, and leaders of family businesses.

A family business arises when two or more generations actively participate in the management and control of a family-owned company. Various experts agree that “running a family business is a monumental task” since it requires balancing family relationships with business objectives and generational continuity. The webinar will consider some essential aspects to begin understanding the challenges and dynamics that characterize family businesses.

Presenter: Manuel Morales, Jr.

Founder of six family businesses. Member of the Board of Directors in four family companies. Author of three books on family entrepreneurship. Professor of the Family Business course at the Metropolitan Campus of the Inter-American University and instructor on the subject at the Puerto Rico CPA Society.

Topics to be presented:

• • • Stages in family entrepreneurship
    • Types and intensity of family conflicts
    • Traps or pitfalls in the family business
    • Importance of good governance
    • Transitions: sale, closure, or succession