Could family business last long?
Yes and no.
Some businesses have lasted for generations. Others have disappeared very soon.
To businesses to last we have to straightforward, transparent and sincere. If we think it is the entire family that is going to be benefitted, why should we work hard the very thought would dissipate the spirit and disintegrate the business. If one considers it as a business and he be the executive who has been appointed to take the company forward, then the company would ideally grow. He could take the required perquisites.
To business to disappear, you need not do anything wonderful, just start a controversy sit aside and watch how it brews and how it flares up. The tempers would fly, heated it would become and finally a division would take place.
Further swindle the money from the common pool, show loss in the business not once but continuously the business would collapse.
moreover ask the members to contribute to the company to set off the losses the business would ultimately close.
That is the end of the
Family Business.
Yes and no.
Some businesses have lasted for generations. Others have disappeared very soon.
To businesses to last we have to straightforward, transparent and sincere. If we think it is the entire family that is going to be benefitted, why should we work hard the very thought would dissipate the spirit and disintegrate the business. If one considers it as a business and he be the executive who has been appointed to take the company forward, then the company would ideally grow. He could take the required perquisites.
To business to disappear, you need not do anything wonderful, just start a controversy sit aside and watch how it brews and how it flares up. The tempers would fly, heated it would become and finally a division would take place.
Further swindle the money from the common pool, show loss in the business not once but continuously the business would collapse.
moreover ask the members to contribute to the company to set off the losses the business would ultimately close.
That is the end of the
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