Woodbury: Family Business Matters
Lance Woodbury DTN Farm Business Adviser
Mon May 5, 2014 05:30 PM CDT

"I don't trust him anymore."

Those five words, offered by a family business partner when describing her brother, signaled the eventual break-up of the family business. From the outside looking in, you might not suspect the end was near: The business was profitable, growing, respected in the community and several family members had returned.

But the image and the reality were different. Inabilities to discuss frustrations, the lack of ground rules, and differing expectations about decision-making authority were tearing at the fabric that held the family business together.


As a business grows and employs more people, trust ...

Quick View
Related News Stories
Groups React to TPP Deal
Ag Interest Rate Snapshot
Negotiators Reach TPP Deal
Klinefelter: By the Numbers
USDA Finds Probable PED Virus Source
Minding Ag's Business
Minding Ag's Business
View From the Cab
The Market's Fine Print
From Feast to Famine