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Is there anything difficult in managing a family business.
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[QUOTE="King bell, post: 272093, member: 75687"] There is no much difficulty in managing a family business, as long as you are familiar with the size and type of business. There can be difficult challenges in managing a family business together if you don't know the new workplace or have employees who may not want to work for your family. You also have to maintain a good relationship with your siblings and other relatives who aren't involved in the company. Family businesses have a lot of advantages and disadvantages. These are the three main problems people face when running a family business. The first is children and other relatives who are not involved in the business who try to interfere with the operation of the business. The second is members of your family who want to be unequal in terms of getting the rewards and benefits, especially when it comes to sharing profits. And lastly, you will have problem if your children don't want to join hands with you after you've retired from work. [/QUOTE]
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Is there anything difficult in managing a family business.
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