But the family aspect also creates specific issues in Job Function Email List any business that will affect the business and its operations. The involvement of, and interaction with, a family is obviously the key difference between family businesses Job Function Email List and others. And families are complex emotional units with dynamics and relationships that involve a whole range of issues other than the business. It is therefore critical to recognize that this is the case in family Job Function Email List businesses and to take into account the family aspects of the Job Function Email List decisions that need to be made and the influence this will have on decision making.
In any business, there Job Function Email List will be at least two differing interest groups, the owners of the business and the workers in the business (and some people of course Job Function Email List may be both owners and workers). The owners of a business may have quite different core interests (their financial return on their shares for example), from those Job Function Email List of the workers in the business (security of employment for example). In a family business this is then overlaid with family membership so there may be family members who fall into any of the above categories, or be outside Job Function Email List the business completely.
This leads to business Job Function Email List owning families differing in the degree to which business decisions will be made in the interest of the family, or of the business. In some cases, the business is run purely in the business's best interests, in some cases it is run purely in Job Function Email List the interests of the controlling family. Most family businesses operate however at a point somewhere between these two extremes, although the way in which family or business interests will be balanced in any particular decision may vary depending on the matter involved.