Construction Success Story – Family business squabbles speak to future opportunities

Description

Abstract: In this issue’s “Construction Success Story,” we tell the tale of how the owner of a homebuilding and rehab company in a historically lucrative suburban area welcomed his son and daughter into the family business only to see them almost immediately set to bickering. It seems both had differing ideas of which strategic direction the company should head in. For guidance, the business owner turned to his financial advisor, who could provide an objective, business-oriented perspective that would keep matters from becoming too personal.