Can a family-business work for both family and business?

Article Abstract:

The challenges and rewards of owning a family business, and the relationship between familial bonds and business practices are examined. The common features of successful family businesses like effective communication, interpersonal boundaries, checking conflict escalation and nurturing familial relationships are discussed.

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Family business: preparing the next generation

Article Abstract:

The psychological aspects of preparing the next generation to take over the family business are discussed. Ways of getting offspring interested in the business right from childhood are suggested.

Human growth, Human development

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Family business: Aesop on family

Article Abstract:

The operations of family-owned businesses are discussed.

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