We resolve conflicts within the family business

Conflicts in the first generation family businesses are rare, since the founder tends to occupy all the roles. However, as the family expands to second and third generations, the complexities increase exponentially, increasing the potential of conflicts and challenges simultaneously. As companies grow and age, the owners’ motivations shift and financial demands increase. Family members begin to run their own territories, each taking responsibility of a department or a branch and each competing for business resources to improve their own area. Members also begin developing different dreams and plans, not only for their own future, but also for the company’s. Opinions on how to rule and expand the business starts differing and the unity that permeated the business to flourish in its early years, often disappears paving the way for conflicts in the family business.