Hire Family Members or Professional Managers
A key challenge for family-owned businesses is balancing the stewardship and care that a staff of family members brings with the need for best practices and experience that comes with a professional management team. Choosing what is best for the family depends entirely on its objectives. Perhaps no decision is more central to the success of the company than its human capital.
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John Weidner - Cornell Global LLC, Founder and Managing Partner, BioBruce Clinton - BusinessWise, LLC, Founder, Bio