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Does hiring a family members determine the success of a business ?
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[QUOTE="Chibson, post: 223331, member: 27553"] Employing a family member your business does not guarantee success or failure but what matters is your level of knowledge and understanding of how to run a business successfully. Even though the main reason a lot of people employ their family members into their business it is because of trust. The truth that if you emloy a family member in a particular business there is the chance that that particular family member will try as much as possible to make the business successful. Another possible reason is that he or she will take the business as his own and therefore try as much as possible to run it for it to be successful. The same thing may not be the case for some people because there are people that do not have proper business knowledge. If I want to start a business, of course I will like to employ a family member but on the second thought if I don't see anyone that have proper knowledge and understanding of how to run a business successfully in my family then it is better I employ people from outside. Sometimes, some people have the notion that if they employ their family members such people will not take the business seriously but of course sometimes the reverse is definitely the case. what matters is not whether he or she is your family member but the kind of knowledge they have. [/QUOTE]
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