Family Business: The Perils and Positives of Work and Family

Topics:
Organizational Behavior
Tags:
Business,
Family Business,
Ravenwerks
Source:
Ravenwerks

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Overview: Doing business with family members has never been a neutral topic. Family businesses are a time-honored tradition. In contrast, many companies have formal policies against doing business with people you have outside ties with, just because of the (many) possible complications. Article provides a discussion of how to accentuate the positives, downplay the negatives, and make good decisions for your situation when it comes to matters of family business. Article induces that doing business with family and friends can be very rewarding. It can also be very complicated and difficult. It always involves an even more stringent standard of etiquette than usual, but if appropriate measures and safeguards are taken, it can make life, work and relationships a rich, rewarding tapestry that brings the best of both worlds.

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Format: HTML | Date: Jan 2003 | Pages: 1

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