Management Issues in Family Business

  • Get the Right Stuff in Family Transition

    December 29, 2011

    A few weeks ago, I moderated a breakout session at DTN's annual Ag Summit where two members of Lenz Farms of Wray, Colo., described their family farm's "boot camp" for beginners. With eight partners...

    Read more

  • Scout Your Team's Talent

    September 13, 2011

    Many business owners say that their people are their most valuable asset. Without family members, business partners, and good employees possessing a range of talents, the business cannot grow or...

    Read more

  • Unity Builds Family Farm Success

    June 20, 2011

    Will Rogers once said if you want to be successful, "it's just this simple. Know what you are doing. Love what you are doing. And believe in what you are doing." As I travel the country working with...

    Read more

  • Hiring a Non-Family Leader

    May 27, 2011

    Investment firms have a quote that flashes at the end of their commercials or is written in small-type on their marketing materials: "Past performance is not an indicator of future results." Because...

    Read more

  • More Brains, Better Decisions

    April 6, 2011

    Advisory boards yield better business resultsNathan and Sean Collins put together an advisory group two years ago and it's already yielded huge benefits. "We talked a lot about building a hog...

    Read more

  • Gain New Perspective on Risk and Reward

    March 1, 2007

    With current grain prices at historic highs, many farmers face exciting opportunities. For those in the cattle business, however, the same high grain prices create uncertainty and perhaps a greater...

    Read more

  • Make Business Goals Part of New Year

    January 1, 2006

    The start of a new year almost always brings reflection on the past year and discussion of hopes for the upcoming months. As you begin 2006, what are the goals for your family farm or ranch? Consider...

    Read more