How To Professionalize Your Family Business

More than 75% of global businesses are family businesses, but just because they are popular, doesn’t mean they will automatically be successful.

The dream of running a family business is to be able to create opportunity for your yourself, your children and your extended family members. What can be better than working every day with people you love?

The reality of course is that it becomes difficult to separate the issues of family life from the issues of business life. Decision making can become emotionally based rather than strategic, and over time (unless you can build solid governance processes into your business model) business performance can be less than optimal.



In this business coaching video we look at how you can professionalize your family business and create a multi-generational success story you can be proud of.

 

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