The worst decision a parent may face in an enterprising family is whether to fire their child from the family business. So you brush it off.
That won’t happen to me, you tell yourself.
If the problems with the child persist, neither option feels particularly good. If you don’t interfere, you watch the business flail; or you fire your child and endure a potentially bitter fallout. What do you do?
Maybe there’s a third option: determine whether expectations are clear and mutually agreed upon. Read here for more on “When Should You Fire Your Child from the Family Business?”
Read about the four questions to determine if you should fire your child from the family business here.
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