The 10 Most Common Employment Mistakes in Family Business

There are few issues in family business that create more conflict and tension than the employment of family members. The complexities involved and the breakdowns in communication and trust can contribute significantly to the alarmingly high rate of failed intergenerational transitions in family business. The good news is that there is a way for families to better position themselves to overcome those challenges by looking at the 10 most common mistakes family members make when it comes to hiring (and firing) for their business.