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So that money doesn’t divide the family

Family businesses are advised to clearly define the roles of the people involved and to agree on common values ​​in writing.

SN/www.imago-images.de

When handing over a family business, those involved should clarify in good time which direction the future should take.

The example of Swarovski shows how difficult it can be to reposition a family business and organize it in such a way that all owners are in agreement. For years, a dispute had been brewing between the owning families of the Tyrolean crystal group, which finally culminated in a non-family manager who ran the business for the first time since June. However, this isn’t a bad way to bring calm to a business when families can’t agree on a common denominator in management.

Such and…

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Accessed January 2, 2023 at 5:14 am at https://www.sn.at/wirtschaft/oesterreich/damit-das-geld-die-familie-nicht-enzweit-131978923

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