Explaining the Five Rights of Family Business Ownership

Owners in family businesses wield unique influence—capable of guiding their enterprises toward strength or instability depending on how they use their authority. At the heart of this influence are five critical owner rights: the right to design, decide, value, inform, and transfer. In this video, Rob Lachenauer unpacks each of these rights, showing how they empower owners to shape not just their businesses, but also the dynamics of their business families.