Executive Street News

All in the Family: The Pains and Solutions of Family-Owned Businesses — Part One

In part 1 of 2, Hugh Roberts of The Rawls Group explains:

  • How having third party, non-family members in supervisory roles when possible is critical;
  • Why leaders of family-owned businesses must define expectations at the outset to avoid personal bias; and
  • The importance of developing written covenants that clearly define expectations of your family member employees.

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