Fairness and equality are key to family businesses, and if left unclear can cause a breakdown in family relationships.
Supporting business owners and leaders, multi-generational business owning families, and family offices to plan and focus and on what is important to achieve their goals.
Fairness (fair) and equality (equal or same) are key themes in a family business. A family needs to clearly define what fair means and what equal means in the context of the business. Without clear definitions that are agreed, communicated and understood, family members can feel aggrieved, and left unchecked this escalates to a breakdown in family relationships to the detriment of the business and the family’s legacy.
