Family businesses are unique and complex entities. At their best, they reflect the intimacy and warmth of the family unit, a business grounded in caring, concerns, and common goals for success. At their worst, they are beset by jealousies and tensions that threaten to destroy personal and financial ties.
When family relationships break down and the family business is no longer able to function smoothly, the losses are magnified and the business may be at risk. The struggle to balance personal and business needs presents a formidable task.
The solution is to find a method of addressing and balancing personal needs and concerns with the family business’s objectives.
Mediation may deal with:
At the Centre for Mediation & Dispute Resolution, a trained mediator offers a safe and neutral environment in which family members are encouraged to explore their differences and work toward a collaborative solution – whether the objective is to grow the business or dissolve it.