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Recognising roles and responsibilities, boundaries and terms of office are important in minimising the risk of disputes and conflict in the family firm. Clear and considered communication helps to mitigate the risk.
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Steps In Creating A Family Business Constitution
A practical insight into some of the questions that need to be considered when creating a constitution Read More
Why Fights Erupt In Family Businesses
It’s one of life’s sad ironies that folks who love one another can end up having far more acrimonious business relations than people who are unrelated. Read More
Family Firms Need To Get Smart To New Wave!
Operators need to get up to speed and get mobile if they want to capture the 18-24 year old age group, is the advice from the UK’s largest provider of technology solutions to the hospitality sector, Zonal Retail Data Systems. Read More
How To Resolve Family Conflicts In Your Business
Conflict happens in any enterprise. However, when your co-workers are also your family, conflict can take on new levels of complication and affect both familial and business operations. Read More
Trust In Family Businesses
Trust is a fundamental basis for both cooperation and competitive advantage in family businesses Read More
Family Meetings: Communication Or Governance Tools?
Governance of the family business is a complex area and the role of family meetings needs to be clearly understood in the broader context of the family and the business. Read More