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21 Hats Episode 214- Should She Buy The Family Business?

David C Barnett Small Business and Deal Making M&A SMB

CHAPTER

Navigating Family Business Dynamics

This chapter explores the challenges and aspirations of individuals involved in family-run businesses, focusing on the dynamics between siblings. It emphasizes the importance of understanding personal motivations, addressing interpersonal issues, and seeking external advice to enhance partnership effectiveness. Participants engage in structured discussions and brainstorming sessions to develop strategies for clear communication, management roles, and decision-making structures.

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