The safe side of running family business.

[Kirubel]

Most of the times peoples inherit their families business and since the business is running in good condition and since it have man customers and have many branches and employees it will be safe and easy to run it after we get the business from our families.
When we think about starting new business from scratch it have many challenges and many difficulty things and we need to pass so many steps, but when it comes to running family business all those things are not our problem and all those problems are already passed.

 

[Suba]

At first glance, if you are just an outsider, it will certainly be very easy to run a family business, you just inherit and run an already established family business, but you will also encounter many obstacles in a family business which will be much more complicated than opening a business startup.

 

[neku]

One of the advantages of hiring family members especially your parents is that they are usually more honest and will not betray. Others even if hired for a short period of time will commit corporate espionage, inject malware in computers, gadgets.

 

[Kirubel]

One of the advantages of hiring family members especially your parents is that they are usually more honest and will not betray. Others even if hired for a short period of time will commit corporate espionage, inject malware in computers, gadgets.

True, family members are the closest and trusted person to have along with out business, and running business with our families will have those advantages like not being worry about being cheated by them and shamed by them.

 

[eLdavis]

Running a business is never easy, there Will always be something you need to sort out, or to ensure the business is going smoothly. The major difference is that the startup stage has been dealt with before you came in.

 

[King Belieal]

It might seem running a family business is quite easy but if you haven't put yourself deep into learning entrepreneurship and management, you would still run the family business down.

 

[Augusta]

With family business, we are not starting from scratch. Starting a new business comes with challenges and many difficulty things but with family business those challenges must be dealt with before now