Workable ways to run a business with family members

Augusta

VIP Contributor
Running business with family members can be cumbersome. This is because some of the family members would want you to mix business with pleasures but this will be to the detriment of the business.

So as the business owner, manager or administrator, you need to draw the line but still promote peace to reduce conflict. So how do you achieve this

Start with clearly defining roles abd responsibility for each family member in the business

You need to separate business and family time and let others be aware

Learn to have open communication with all concerns when it comes to the business
...
Try to nurture each person growth and don't forget to handle conflict swiftly and constructively ...

Do remember to celebrate their achievement together no matter how small
 
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