Keeping It in the Family: Special Advantages and Disadvantages of Hiring Friends and Relatives

NFIB: “Many small-business owners believe that bringing family members and close friends into their company will create an especially harmonious group of employees. Doing so offers specific advantages, but also opens the possibility that the smooth operations of the company may be compromised. Reviewing the following points will help you determine if hiring your daughter, son, cousin or golfing buddy will be worth it in the long run and also can help you minimize the effects of a wrong decision by taking certain steps at the time of hiring.”

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