when siblings battle over the family business

succession plans can get dicey… for the advisor.

by ed mendlowitz
call me before you do anything: the art of accounting

someone has to be the boss. when the founder is active, he or she is usually the boss. but what about arents who step aside to have their children run the business? particularly where there is more than one child working in the business?

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i’ve seen some situations where two siblings can run the business as equals. and then, there are other situations where they can’t. what do you do?