Many families go into business ventures together. The expectation is that all will go well and everyone will be financially secure.
But – as we all know, that is not always the case. Fractures occur. They may be as a result of the dynamics between siblings, perhaps influenced by their spouses or friends.
Rather than allowing the situation to slowly worsen, proactive action can “nip the problem in the bud”.
Solutions could be to engage a counsellor or mediator to identify the issues and then work on a solution. The key is to get in early.
Other stresses such as relationship breakdown can be addressed by the use of Binding Financial Agreements.