What are the key considerations to ensure a Family Business is successful?

The key factors affecting family businesses can often be more complex than those facing non-family run businesses, due to the pivotal role which the family itself plays and the dynamics that are often present. If a business is badly handled and does not have a clear long-term plan for its future, issues are likely to arise further down the line which it may not be able to deal with effectively. Below is a list of eight of the key considerations that all family businesses need to think about and revisit throughout the company’s growth.

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Uploaded 9 years ago in Family Business Group NW Articles

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