Family Business Problems: Do Family and Business Meet or Collide?
These intersecting circles help explain the vast majority of family business problems. The way we see it, the overlap between family and business is an organizational problem, but people within the family business experience it as an interpersonal issue. That's why family members commonly blame each other for the situation. The senior generation sometimes blames the younger generation. And vice versa.
You then have to ask: "what causes the family business problem and what's getting in the way?" It's difficult to find the answer without the expertise and insight of outside advisors. We can help to resolve family disputes and avoid family litigation.
ACHIEVING A BETTER BALANCE BETWEEN FAMILY AND BUSINESS.
To solve family business problems, the Hubler for Business Families approach is to simultaneously work on both the family and business sides of the equation to create a better sense of balance.
Family - develop Family Plan, outlining how to be a family without undue influence of the business.
Business - develop: Ownership, Management and Leadership Plans, insuring the continued success of the business, secure financial relationships, profitability and, believe it or not, positive family relationships.
When family business problems threaten to undermine family relationships, we've got proven solutions that work to minimize stress while enhancing communication and understanding. To see how we can help your family and your business work together and separately with our exclusive Vision for Successtm. Contact us today by Email, call us at 612.375.0640, or fill out our contact form.
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