--- title: Building a Lasting Family Business description: This article acknowledges and discusses the portrayal that the media gives us of family businesses. 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[Hospitality, Restaurants, and Retail](https://scottandco.com/industries/retail) - [Manufacturing and Distribution](https://scottandco.com/industries/manufacturing) - [Medical](https://scottandco.com/industries/medical) - [Nonprofit](https://scottandco.com/industries/non-profit) - [Professional and Business Services](https://scottandco.com/industries/professional-services) - [Real Estate](https://scottandco.com/industries/real-estate) - [Insights](https://scottandco.com/blog) - [Careers](https://scottandco.com/careers) # Building a Lasting Family Business [Admin](https://scottandco.com/blog/author/admin) Jan 22, 2021, 12:00:00 AM [Blog](https://scottandco.com/blog/tag/blog) ![Building a Lasting Family Business](https://scottandco.com/hubfs/Imported_Blog_Media/AdobeStock_224157897_Resized-4.jpg) This article acknowledges and discusses the portrayal that the media gives us of family businesses. Although this industry operates on the more risky side, the owners of family businesses possess a unique decision making power. Additionally, this article outlines the different types of models that you may want to incorporate inside your family business as well as the owner strategy triangle. Be sure to check out this great source for more information! To view this article, [click HERE to access the original content](https://hbr.org/2021/01/build-a-family-business-that-lasts). - [Tweet](https://twitter.com/share) ![Scott Logo with Tagline - FINAL-ReversedText](https://scottandco.com/hs-fs/hubfs/Scott%20Logo%20with%20Tagline%20-%20FINAL-ReversedText.png?width=300&height=92&name=Scott%20Logo%20with%20Tagline%20-%20FINAL-ReversedText.png)     Phone: [803.256.6021](tel:8032566021) [![](https://scottandco.com/hs-fs/hubfs/Facebook@4x-8.png?height=24&name=Facebook@4x-8.png)](https://www.facebook.com/ScottCoCPA) [![](https://scottandco.com/hs-fs/hubfs/X@4x-8.png?height=24&name=X@4x-8.png)](https://x.com/ScottCoCPA) [![](https://scottandco.com/hs-fs/hubfs/Instagram@4x-8.png?height=24&name=Instagram@4x-8.png)](https://www.instagram.com/scottandcocpas/) [![](https://scottandco.com/hs-fs/hubfs/Linkedin@4x-8.png?height=24&name=Linkedin@4x-8.png)](https://scottandco.com/blog/linkedin.com/company/scott-and-company-llc/?trk=biz-companies-cym) [![](https://scottandco.com/hs-fs/hubfs/YouTube@4x-8.png?height=24&name=YouTube@4x-8.png)](https://www.youtube.com/channel/UC-DLAZRj3TvtqbdWGSwkFLg) ##### Quick Links Quick Links - [About](https://scottandco.com/about) - [Services](https://scottandco.com/services) - [Industries](https://scottandco.com/industries) - [Insights](https://scottandco.com/blog) - [Careers](https://scottandco.com/careers) ![SCBIZ BPTW logo 2026](https://scottandco.com/hs-fs/hubfs/SCBIZ%20BPTW%20logo%202026.png?width=150&height=158&name=SCBIZ%20BPTW%20logo%202026.png) Proud to be named a South Carolina 2026 Best Places to Work—our 12th year on this prestigious list. 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