BizSugar.com › Management › Small Business Family Affairs

Owning a family business can be a great way to make a living for one’s parents, spouse, children, and other relatives. Hopefully, the business will grow and thrive enough to provide a good living for all these people now and in the future. However, in addition to all the usual challenges that accompany the start-up, operations, and growth of a business, family owned businesses have some unique obstacles to overcome. The danger zone is where the needs of the business intersect with the needs of the family.