The Formal Policies That Protect Family Businesses from Interpersonal Chaos

Family companies operate in a place where trust is assumed, roles inherit, and deep emotions. This intimate relationship can be strength, but without structure, it is also weak. When the dynamics of the family becomes the guideline when a company faces a great decision, it is only a time before the wrong expectations, the unequal treatment, or the legal ambiguity threatens the thing that everyone works to protect.

By BBC

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