Family Business Management

How do you put your family business on the path to success?

In the United States of America, there are more than 24 million companies that run family businesses, providing employment opportunities for nearly 62% of the workforce in America. In Asia, Europe, Australia and Latin America, the family business represents about 80% of the private sector companies.

The question that arises is what distinguishes this type of business? And how many times did the sales of a company that is considered one of the 500 largest in the world decrease, due to the disagreement of the brothers at work? Almost no time has this happened in such companies, but in family businesses it happens and there is nothing wrong with it. If the family members do not walk in the same orbit, the work will inevitably go off track.