Tips to Avoid Conflict When Running A Family Business

Posted on: 30 July 2015

Family run businesses make up 70 per cent of all businesses in Australia. There many practical reasons for going into business with family members, with some of the most well known businesses operated by multiple generations in the same family. But despite the benefits, smooth sailing can be often difficult when keeping things in the family, which can then lead to emotional conflict as well as other issues. To avoid conflict getting out of hand, and to ensure family relationships remain in tact, these tips should be considered when working in a business with family members.
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