By: Nancy Rolland, FOCUS Investment Banking
Running a family business can be a unique and fulfilling experience – if you are reading this as a family business owner you are already know that. Successfully navigating the intricacies of working with family members while also ensuring the business is profitable and sustainable can be challenging but also rewarding. Family businesses often have a strong sense of history, culture, and tradition that can create a strong foundation for growth and success.
However, they also come with their own set of complexities, including navigating family dynamics and relationships, succession planning, and balancing personal
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