Cover Stories

Business — it runs in the family.
And thank goodness. Family businesses account for some of the most powerful economic engines in the world (you’ve heard of Wal-Mart, yes?) and not to mention our very own Utah County (here’s looking at you, Clyde Companies).
But the clearly powerful business model doesn’t always create a clear black and white entity. With the potential for blurred boundaries and family feuds (sans surveys), there’s a whole lotta grey going on.
Even still, talk to any family business, and the pros pummel the cons. So if you’re thinking of starting a family company — or if your current family business needs a reminder or a reboot — here are 26 areas to discuss at the dining (or conference room) table.
May we present … the ABCs of running a family business.