Dustin Jorgenson Offers Tips on How To Run a Family Business

Dustin Jorgenson has been working full-time for his family’s business since July of 1992. He has consistently been named the top salesman for many years. Dustin Jorgenson understands the importance of being able to work effectively with family in a family run business. Here, he offers some tips on how to keep family relations in tact while also operating a successful business. Dustin Jorgenson understands that while many of the business principles on the global scale are applicable to the family owned business, there are some major differences.

One of the main differences that Dustin Jorgenson sees when working with a family business as opposed to a national company is that it is personal. Dustin Jorgenson recommends that you have very clearly defined roles for each family member who is active in the business. Having duties spelled out can help prevent arguments over who was supposed to handle what part of a project. You cannot fire your mother or sister and then expect to have a peaceful family holiday meal a few days later. 

Dustin Jorgenson also recommends that you have outside auditors go over all aspects of the business every year to make sure that the salaries you are offering are competitive and that all employees, regardless of whether or not they are family, are treated equally. Favoritism is many times a complaint of non-family members who are working in family owned businesses, and Dustin Jorgenson recommends that any issues be dealt with quickly so resentment cannot build. 

Dustin Jorgenson uses the business, marketing and sales skills that he learned in college to assist a family business in Salt Lake City succeed. He understands that many of the same business principles that are applied on the global scale are also applicable to the family owned business. Here, Dustin Jorgenson has offered some tips on how to run a successful family business.