Family-owned-and-operated businesses can be the most rewarding because you work alongside those you love — your family.
However, by their very nature, family businesses also are the most challenging. That’s because people involved in this type of operation are typically forced to wear many hats. Keeping family roles and business roles separate can be difficult.
Map business roles
In 1978, Renato Tagiuri and John Davis of the Harvard Business School drew three separate, but overlapping, circles to diagram how three…