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Business can get in way of family holiday moments.

Publication: San Fernando Valley Business Journal
Publication Date: 08-DEC-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Business can get in way of family holiday moments.(Family Business)

Article Excerpt
The holiday season typically brings images of families gathering underneath the Christmas tree, exchanging gifts, and uttering statements of love and affection. But these images contrast emotions rarely discussed: the underlying stress and anxiety pervading the season.

With frequent gatherings, the pressure upon family members increases, particularly when a family business is involved. Mixing financial matters with family holiday interaction can bring some tension, but family business advisers say that a careful mixture of astute financial foresight, openness, and mutual respect can prevent many problems.

Ernest Doud Jr., managing partner of Doud-HausnerVistar, a strategic family business advising firm, strongly urges family businesses to stick to a meticulously detailed long term financial blueprint during the holiday season and throughout the year.

"A lot...

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