5 best practices for managing conflicts in family businesses

Added on 28 October 2024

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5 best practices for managing conflicts in family businesses

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As family business advisors, the Ferguson Alliance team is often called on when a family business is experiencing disruption, challenge, or conflict.

Over the years, we’ve learned that family members often have a tough time seeing what’s pretty clear to us as outsiders: challenges like low levels of trust, misalignment of goals, or blurred lines between business and family relationships. Conflicts within a family business are never just about business. They usually involve personal relationships and emotions, making them more complex to deal with.