What are the challenges of running a family-owned business

[LeifRussell]

What are the challenges of running a family-owned business

[DaphneConley]

One major challenge of running a family-owned business is balancing personal relationships with professional responsibilities. It can get tricky when family dynamics come into play, like disagreements over decisions or differing visions for the business. Sometimes, it’s hard to separate business discussions from family gatherings, which can lead to tension. Plus, there’s always the worry about how to keep the business going for future generations without stepping on toes. It’s a real juggling act!