Favorite Quote: Every Business is a Family Business

One of my favorite quotes from the book E-Myth by Michael Gerber is: Every Business is a Family Business. Whether a business officially employs individuals from the family or not, the business is a family business. At some point the family members, even the individuals outside the business or not directly influencing day-to-day operations, may depend on the family as a financial resource.

When disputes arise in family businesses things can get complicated. Personal opinions can cloud business decisions and business elements can impact personal feelings and emotions. Solving legal issues in a family business without going to court can save time and money as well as family relationships.

 

A great source for information about mediation can be found on http://www.mediate.com.
Check out a link to an article about family business mediation:
Family Business Mediation: Solving Legal Issues Without Going to Court by Stephen McDonough. January 2017.
http://www.mediate.com/articles/McDonoughS1.cfm.

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s