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7 deadly sins of a family business

November 8, 2016 By BMN

According to a Family Business Australia report, family owned small businesses make up the backbone of the Australian economy – accounting for 70% of all businesses countrywide. However, only a fraction of these family-owned endeavours make it to the second generation – and even less carry on to the third and fourth generations. If you are serious about the longevity of your family business, be aware of these 7 biggest mistakes and how to avoid them: https://www.cciq.com.au/advocacy/blog/seven-deadly-sins-of-family-businesses

This article was suggested by our mentor Lyn Wrigley

Filed Under: Small Business News & Tips Tagged With: Family Business, Management

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