Think of ONE problem that will rise in every family business. write the problem and the solution.
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Think of ONE problem that will rise in every family business. write the problem and the solution.
Think of ONE problem that will rise in every family business. write the problem and the solution.
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Answer:
Division among the legitimate successors of the family business.
Explanation:
This happens when there are lots of legitimate successors in the family business.
If the family business owners have 5 or more children, the likelihood of disagreements in business decisions is likely to happen. They all have equal share in the ownership of the business. This means that some of the legitimate successors have to take sides when executing business decisions. This is detrimental as it will cause division in the management of the family business.