Family Business Challenges with Lowell Mora from Impact CFO
Stuck? Time to Improv! The Startup Launchpad by Mary Scott
Episode notes
Family Business Challenges with Lowell Mora from Impact CFO
Family Business Challenges Discussion
Lowell discussed the unique challenges of family businesses, highlighting that the family aspect creates complications regardless of the number of family members involved. He shared his personal experience of being advised against working in family businesses but eventually being drawn back to them. Lowell noted that in family-owned businesses, the enterprise often serves as both the business owner's and the family's livelihood, with some challenges being generational in nature.
Family Business Identity and Ownership
Lowell and Mary discussed the challenges of managing identity and ownership in family businesses, par ...
Keywords
business managementcorporate culturestrategybusiness structurefamily business