In a family business, do business and family relationships have anything to do with each other?
- keerokLv 71 month agoFavourite answer
Everything has to do with it.
- PearlLv 71 month ago
it depends on what the family is like
- PLv 71 month ago
The problems in a family business with multiple family members working is that you can have issues with lazy or incompetent family members that can't be fired or respect requests for changes. Additionally you also have the issue is all businesses can only afford to pay people so much depending on their role and legal ownership and it rarely ever gets distributed in a way where all the family members involved feels it's fair. These are problems family run business's deal with everyday. It doesn't mean it can't be done, but it can also end badly depending on the personalities involved.
- nathaan27Lv 51 month ago
Yes, bad idea.