It’s no surprise that family business conflict is common among family-owned businesses. Or that it most often stems from family dynamics. The question is how to handle it.
There are plenty of business consultants who can step in to help companies manage family relationships in a business setting. The desired outcome is family cohesion and a successful family business.
In some cases, that can only happen when you bring in non-family members to run the business in the interest of promoting family harmony.
But, before we dive into that, let’s look at the biggest conflicts in family businesses.