Five Golden Rules for Managing Confilct in Your Family Business- Infographic

Check out this great, informative infographic. You should consider implementing these five great ideas for your family business for both better family and business outcomes. 1) Use family governance structures 2) Encourage family conversations 3) Keep business separate to family time 4) Communicate early and often. Don't let conflict linger 5) Bring in an expert to facilitate difficult conversations. Ultimately, managing family conflict comes down to creating better communication skills as a family. While conflict can never fully be avoided, developing the skills to handle it can go a long way toward building healthier business and family ties.Read less