The matter of boundaries is a core issue in all relationships. In family business it becomes especially important because the task of family and the task of the family business are not the same; something often confused. The task of the family is to nurture its members: to help them grow into productive, independent, contributing adults with high self-esteem. The task of the business is to generate profits for the owners. When families merge these two entities â€“ the family and the business â€“ seeing them as having the same purpose, confusion is created in the family and among employees of the family-owned firm.
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View the Family Business Boards and The Family Business Forum Conceptual Model