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Fam­i­ly con­sti­tu­tions — how to pre­vent prob­lems before they happen

In Brief Suc­cess­ful devel­op­ment of a fam­i­ly con­sti­tu­tion can help to ensure the pros­per­i­ty and longevi­ty of a fam­i­ly busi­ness. A fam­i­ly con­sti­tu­tion encap­su­lates the val­ues, beliefs and objec­tives of the fam­i­ly and defines the rela­tion­ship of the fam­i­ly to the business. What is a fam­i­ly constitution? Run­ning a fam­i­ly busi­ness is hard enough with­out the addi­tion­al…

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