Trump's biz conflicts show it's not always plain sailing for family firms

 

Most family businesses don’t have to work out how they will survive the boss taking over as president of the United States. Donald Trump has been forced to distance himself from the family firm since winning the US election. He even said: “I don’t care about my company. It doesn’t matter. My kids run it.” It is perhaps an extreme example of the pressures that swirl around the businesses at the heart of many economies, but it does signal the unique pressures which come to bear when trying to sustain an organisation through the generations.

Family businesses cross