Article: FAMILY MEMBERS SHOULD STUDY OPTIONS IN JOINING FAMILY BUSINESS

When you grow up in a family that owns a business, it's hard to tell whether working for the business is an opportunity, a temptation, or a trap. Depending on the circumstances, it could be any or all of the above.

When is going into a family business an opportunity?

- When the business is well run. Some family businesses are extremely sound and gives the new employee a chance to learn good management practices from experts.

- When the job is real. Many jobs in family businesses are real jobs - that is, the work they entail needs to be done, and, if the family member weren't available, some other person would have to be hired to do it. Those unfortunate jobs invented to find a niche for ...

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