Family business, as the name suggests, is in the hands of the family where the family owns and manages the company. In order for everything to function as it should, it is very important that the best family members are placed in certain positions. Today, most family businesses are in the small and medium-sized business sector. One of the most important tasks for family businesses is to balance interests between family and work. The succession process in a family business also plays a big role. It is very important that the potential successor prepares to take over the job in time so that there is no discord in the family. Often, companies encounter unforeseen situations, and it is necessary to have a leader who is resourceful in such situations. The goal of every company is to expand their business both on the domestic and foreign markets. Example of the company PP Gradnja d.o.o. which is dealt with in this paper is a demonstration that even very young companies can be very successful if they are managed in the right way.