Revenue is strong, and customers keep coming back. How in the world is the business still coming apart at the seams?
Believe it or not, profitability is a poor proxy for health in a family company. A healthy income statement can cover for a founder who will not hand over authority, or for resentment between siblings that has been compounding for a decade.
What are the warning signs to watch for in a company whose numbers still look fine? You can read about them in this article.
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