Marcel, Gabriel and Patricia have worked in and around the business all of their lives. They have swept the floors and have been taught to respect their heritage.

Topic for discussion: Why is it so important that the older generation be tough on the younger generation?

Answer: Because we have all seen the indulged children of wealthy people. The children never seem to develop that "back of steel" their parents or grandparents earned by making it through hard times.

Topic for discussion: What are the advantages of bringing your children into your business on the bottom rung of the ladder and having them work their way up?

Answer: There are several. First, they REALLY learn the business. There’s no way you can do that if you start "at the top." Secondly, by doing every job in the business, they are better and more compassionate managers, fully aware of the challenges faced by each employee. Thirdly, they will find ways of improving the business at each level of operations as they fully participate in it. Finally, and perhaps most importantly, all the other employees will know that the next generation is qualified to lead, that they have survived the internship and are well positioned to be caretakers of the organization.

To learn more about family-owned businesses, visit ffi.org.

You think about it: Are your children involved in your business? At what level? Are you preparing them adequately for their future roles?