Common Questions About Family Businesses

1. How can family businesses best address escalating tensions over compensation issues?

2. What are some of the methods for establishing compensation in family businesses?

3. If a difference in work ethic exists between a family business founder and younger generations entering the business, how does that affect the enterprise?

4. How do you quick-start the succession planning process?

5. Should all family members be given an opportunity to work in a family controlled enterprise?

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