When Sister Is Your Business Partner

Discussion in 'Growing and Managing a Business' started by Cathy Duncan, Oct 6, 2010.

  1. Cathy Duncan

    Cathy Duncan
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    Do you think that the involvement of family into the business doesn’t harm it and it still runs in proper flow?
     
  2. adams

    adams
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    According to me involvement of family members in the business is good and it wont harm you because if you are performing business with your family members you have trust on them. If you work with employee or others there may be chances that they may not work for you.
     
  3. GekiDan

    GekiDan
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    Hi Cathy, here's a related thread regarding your questions on having a family member as your coworker, or partner in business:
    Could or would you ever work with family members?
     
  4. Fergal

    Fergal
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    You need to be careful when working with family members. Business relationships can be stressful and they are not worth falling out with family. One way to help avoid this is to have a written agreement in place, that deals with as many potential issues as possible. If everything is agreed in advance and written down, there is a lower chance that there will be disagreements in the future.

    You can read another discussion on this topic at - Could or would you ever work with family members?
     
  5. brownnataly21

    brownnataly21
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    I have always wanted to have a family business. I think it's very important to have ome common idea that this is your business and should work only together but not separately if you want to achieve some results.
     
  6. VVhite_Angel

    VVhite_Angel
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    Can gives good advices sometimes.
    You keep an open minded view about all. Good ideas can come from everywhere.
     

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