Wednesday, June 10, 2009

Working with Family

This article explores some of the potential pitfalls that can come when working with or hiring family in your business.  Working with family can provide certain benefits to a small business, especially in a downturn, but one needs to be able to properly separate the business and the personal relationships.  When a business owner is realistic about the skills of a family member and their ability to contribute to the business, it is more likely for the working relationship to succeed.  Some of the principles presented in the article related to family employees can and should be applied with any employer/employee relationship.

 

http://www.smartmoney.com/personal-finance/employment/mixing-family-and-work/?cid=1122

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