Two words, two different meanings.
Family is an emotive word.
Business is about profit.
Does family emotion get in the way of running the business or worse does running the family business become an emotional family issue?
If issues relating to roles, ownership, level of involvement in the business, fair wages and indeed fairness for all the family are not resolved these will bubble, and it is a characteristic of family businesses that these issues only come to light when things start to go wrong.
If you are the founder: Don’t jeopardise your children’s future. If you are working in the family business for mum or dad or with your sister or brother or as husband and wife then unless you have formalised who does what, who gets what and when and how, what happens if there is divorce, what happens when someone dies then you put the harmony and security of the family in jeopardy Don’t get it wrong.
I can help you in the following areas:
Jane was brilliant, she was good to work with and great at pushing back to make sure that I didn’t accept anything that may be detrimental to me in the future. Great professional, would definitely recommend her. Thanks Jane
Call me Jane Latham for a free, no obligation basis to find out more about keeping you and your family business on a secure footing now and for the future.