Family businesses

Building a family business and passing it on to your children can be enormously rewarding, but may present ownership and management challenges.

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Family businesses FAQs

Advantages of using family members as employees and directors include high levels of commitment, sense of shared values, and a long-term perspective.

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Employing family members

Employing family members within the business can create tensions. Encourage family and workplace harmony, to bring commercial and personal benefits.