This thesis deals with the topic "Management Functions in Small Family Businesses". Management represents the ability to direct other people's work to achieve the goals of the organization. Family businesses are companies in which there are active members of one or more family. The virtues of family businesses are: communion, the desire to achieve common goals and loyalty. Management functions represent activities that people are under taking to effectively accomplish certain goals by using certain resources. The subject of the research work is to comprehend how much management skills are essential for success of family business operations. Management functions in a family business include planning, organizing, managing human resources, leading and controlling. It can be said that each function is essential and equally important for successful business operations of family businesses. Based on the analysis of management functions within the work, all management functions were analyzed through the example of a family enterprise "DRVOAMBALAŽA- eco d.o.o", where it was determined that management functions were carried out at an acceptable level.