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Importance of Governance Structures for Family Businesses

Governance structures are crucial for the long-term success and sustainability of family businesses.  Unlike public companies, family enterprises face unique challenges, including the intertwining of family dynamics with business operations.  Establishing robust governance structures—such as family councils, boards, and advisory committees—ensures that these businesses remain resilient, adaptable, and well-positioned for future growth. Why Governance Structures […]

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