7: Family & Business , Do They Mix?

If you have considered starting family business or hiring a family member this episode is for you! Have the clarifying conversations, before problems arise. Understand that situations may change, but maintain clarity among all family members. Even in the earliest stages of your business, assemble your key team. Board of Advisors, Attorney, Accountant, Business Coach. Key issues: Operating agreement Key man insurance Succession Plan Guilt and love...Yes, these are parts of the landscape of a family business. Protect the company and relationships to the best of your ability.