Family firms can be extremely successful and we are the first to recognise and celebrate their success. 

On the other hand, the very nature of families and the dynamics of family relationships can lead to issues that would not necessarily come to the fore in non-family businesses.

It is imperative that family firms only employ family members when there is a clear need, and they are the right candidate for the role, and they are suitable for now and the future of the business.

This article highlights a number of common mistakes that families in business together make, and suggests simple steps that can be taken to avoid the pitfalls too.