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Why family businesses succeed

June 1, 2022 9:21 am
  1. All wealth is kept in one place and there is a less likely chance of stealing and corruption.

 

  1. A sense of motivation to work hard regardless of pay check. Doing it for the family.

 

  1. A better understanding of the business and the history as well as why it’s done.

 

  1. Families preserve more than they accumulate.

 

  1. More accountability, every profit and loss is accounted for.

 

Author: Staff Writer

Why family businesses succeed Reviewed by on . All wealth is kept in one place and there is a less likely chance of stealing and corruption.   A sense of motivation to work hard regardless of pay check. All wealth is kept in one place and there is a less likely chance of stealing and corruption.   A sense of motivation to work hard regardless of pay check. Rating: 0
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