Should I Try to Save Our Failing Family Business?
The EntreLeadership Podcast
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Navigating Family Ties in Business Struggles
This chapter explores the emotional and operational challenges of a family-run business facing financial difficulties. It highlights the complexities of ownership roles, decision-making dynamics, and the tension between personal relationships and professional responsibilities. The speakers discuss the impact of economic downturns on family ties and the necessity for open communication regarding the future of the business.
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