Building Family Business Relations

Hiring only non-family members would likely make labor management in your business easier than working with family members. The fact is, however, that most small businesses include two or more family members: spouses, children, in-laws, siblings and parents. Family members usually have some key management responsibilities and also work daily in the business. The overall benefits of having family members in the business are usually judged to outweigh the challenges, frustrations, hard feelings and stress.

Publication type: 
Policy brief
Date published: 
Sunday, July 1, 2001