It is not uncommon for family businesses and their managing families to be in conflict. There are the “every day” conflicts of running the operating company. These can include debates on machinery acquisitions, pricing policies, supplier relationships, customer relationships, etc.
Being in business is often fraught with daily, difficult decisions. Some of these decisions are relatively minor and others can be deemed to be major. It is the major ones that have the most likelihood of disturbing the “norm” or
Sorry to scare you into thinking this article was going to take a month to read! Okay, there might be 4,000 ways or more depending on how many articles you read about Family Business. I want to focus on #1 which is COMMUNICATION.
As a parent the immediate answer is NO WAY! You can never love your kids too much no matter what their age and stage in life is. But there is a line in which our parental love for our kids