How do you assess risk in the family-owned business


Assignment task: What role does risk taking and image play in the success of a family business (or firms) entrepreneurial success?

1. Family Member Support/ Problems - How does this impact the image?

2. Business expertise and knowledge of all family members - How do you assure that the right family member is in the right job? Or can you? Explain.

3. How do you assess risk in the family-owned business? How does doing business with family impact the risk?

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