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Article: Adding family members to the family business.(Business Mangagement)
- Article from:
- Air Conditioning, Heating & Refrigeration News
- Article date:
- June 27, 2005
- Author:
CopyrightCOPYRIGHT 2005 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[Editor's note: Consultant Al Levi helps HVAC and plumbing contractors run their businesses with "less stress and more success." Here, Levi shares with readers of The News some of the questions he gets and the answers he provides. This column is meant to serve as a resource only. Please check with your own trusted business advisers, including your own attorney, to make certain that the advice here complies with all relevant laws, customs, and regulations in your area.]
Nepotism Can Be Divisive
Dear Al,
I've been lucky enough to have grown a successful business in the last 20 years, but now my twenty-something children are ready to enter the ...