What do family businesses report as interfering with being happy families and successful companies?
The problems of the ‘softer side’ tend to be the most problematic for families. It is the issues of emotions, communication, relationship, and past situations that tend to lead to the failure to create an estate plan, to decide on a family employment plan or governance structure get in the way of progress. Ask any lawyer or accountant what interferes with plans being implemented and they will report that it is the people issues of: loyalty, trust, inability to communicate or agree on goals, greed, or past issues.
