Running a family business can be challenging:
They face common issues in dealing with:
- Conflict in the family
- Divorce
- Keeping up to date with the times and managing change
- Managing differences of opinion with family members
- Managing business succession to new generations in the family
- Engaging with and empowering the next generation
And most important…
Keeping day to day business out of family life
It may be time to avoid the pitfalls that can destroy a family business.