Where the holidays may be a hot spot for family issues, spouses working together in business create opportunities for conflict throughout the entire year.
Marriage vows speak to commitment during “richer or poorer and sickness and in health.”
Throw in the demands of a competitive high-risk working environment, if not managed right, it can put a strain on marriage like nothing else.
In the initial stages of building the business, leadership issues are simple.
Both parties understand if there are serious marital differences of opinion, the business could fail, and everyone loses.
However, after the business grows and supports the desired lifestyle, the independent ambitions of marital personalities can begin to create business chaos.
Click the following link to read Loyd Rawls’s post on the Multi Unit Franchising’s website titled: Managing A Franchise Business With A Spouse
Read the article and then reach out us to get some insights on your own situation. Even if you don’t become a client, a few moments with us may help you save years of difficulties. Contact Us
Family Dynamics and Family Governance
Family Dynamics and Family Governance
Family and Business alignment is hard to find when business issues liven up family dynamics.
However; with proper process, governance policies, and mutual respect built over time, a Family Business can thrive through multiple generations. Click the following links for more drill-down resources on Family Dynamics and Family Governance.
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