We all know about the pros and cons of working with friends and family - would you do it?
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I can think of examples where inter-generational business thrive, sometimes for more than a century or two; often with respect for heritage (sentiment) at their core. Others, where the next generation destroys the business and basically eats through their inheritance through an unearned entitlement. There are situations where people feel trapped and inhibited by being shoehorned into the family business etc.However, my only concern is that with a small business it just takes one employee (family member/friend) to slacken off and be a little work shy to hit the business. No room for sentiment in business.