Imagine having a business where you employ your kin, mentor your son or daughter or sibling, and pass it on to the next generation.
Sounds exciting and rewarding, doesn’t it?
But anyone who has owned/is owning a family business will tell you the road to building a family enterprise is a long, winding, oftentimes rough path. It is one thing to get a long during family gatherings; abut in a business environment where your colleagues are also your family, it’s entirely a different issue altogether.
But that shouldn’t encourage you from dreaming of having your own family business. The key to starting and growing a family business lies in several factors and our guest for today, Daphne Mallory, will walk us through the ins and outs of starting and most importantly, growing a family business.