Family Business
Family Business
Working in a family business has its advantages and disadvantages. Whether you’re an outsider, or one of the family members, succeeding in a family-run company can be challenging.
If you’re part of the family, keep emotional conflicts out of the office. Treat family and non-family staff equally, and make sure rewards are based on performance, not family relationships.
Behind the success of every small business, there is a Family
If you’re an outsider, don’t take sides in family battles. Stay neutral, and take a day off if things really get bad. Recognize your role in the company – and if you’re looking for major advancement, and the family doesn’t often promote non-family members, it might be time to reconsider your options.
