Conflicts in family businesses: how to resolve them

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Family businesses have their own characteristics and ways of operating, so conflicts in family businesses can also be very specific. Although many families manage companies in Brazil, this being one of the most common business models, there is often no unity when it comes to management, which creates problems for society as a whole.

If you want to understand the main conflicts in family businesses and how to resolve them, continue reading the article until the end.

Main conflicts in family businesses
Lack of well-defined rules
One of the main causes of conflict in family businesses is the lack of well-defined rules shared by all team members. Many people think that because they are relatives, they don't have to follow the same rules as all employees. But the truth is that when there are pre-established rules, there is more balance between the family and the company.

Mixed personal and business accounts
Finances are another factor that causes many conflicts in family belarus phone number lead businesses, especially when personal and business accounts are mixed. When everyone, or a specific member, can take money out of the company at any time and does not have a specific salary, things can get out of control. Find out here how to separate the individual from the legal entity.

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Succession without planning
Succession is often a critical moment for a company and should be done in advance and planned. In the case of a family business, it is already known that another family member will take over the leadership position, so it is best to prepare them while the current manager is still in charge .

Centralized power
In general, this type of company usually has decisions made by the founder or main manager, who coordinates and manages all activities. Ideally, he or she should know how to delegate tasks and trust other team members, whether they are family members or not.

Personal conflicts carried over into the company's day-to-day activities
Because they are close people, personal conflicts can directly interfere with the management of the business. This demotivates employees and creates an environment that is strange to the organizational culture.

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How to resolve conflicts in family businesses
Finding common ground
It is common for family members to have different views on how to manage the business, especially when there are different generations on the team. In this case, it is best to understand that everyone is there for the same purpose: to make the company grow and generate income for the family. Keeping this in mind can help when it comes to giving up some things and reaching a consensus.

Improve communication
The best way to resolve conflicts in family businesses is through dialogue. Therefore, it is essential to keep it open and talk whenever a problem arises. Listening to different opinions, without judging them with prejudice, is what makes a company reinvent itself and remain relevant in the market.

Define the areas for each family member
Another measure that always helps reduce conflicts in family businesses is to establish an area where each member has the final say. So, if there is a marketing issue where there is disagreement, there will be someone responsible for giving the final say on that aspect. This way, each member can delve deeper into an area and define what is best for the company.