Lots of family companies struggle just to succeed. The struggle places tons of pressure on the family unit, within which there's always plenty of emotional inventory anyway. But growth is a huge problem too, and managing it presents family firms with rosier but no less complex issues. "My brother-in-law and I were giving each other the finger. Nobody was showing up for Easter dinner," recounts Park Kerr, chairman and founder of the El Paso Chile Co., a $10 million-a-year specialty-food company that sells salsas and snacks to the likes of Williams Sonoma and Neiman Marcus. "Dealing with change in a family...
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