Kiambu County is much known for its success in business.
Almost everyone is business minded, doing it as the main source of income or as a side hustle.
Managing a business is not an easy task for most entrepreneurs, especially when the business if a family thing. There will be always fights over stuffs.
Conflicts are part of a normal experience for many small start-ups and family-owned businesses
Experts at SCORE http://www.score.org, a network of volunteer, expert business mentors, with more than 10,000 volunteers, explains out rules for avoiding conflicts of interest in a family business, these are:
1.Do not put family members on the payroll if they're not working for the business
Make sure that everyone has a role and responsibilities that are spelled out and are very clear for them, this will compel each and every person to perform in the business, says Jane Hilburt-Davis, president of Cambridge-based Key Resources and co-author of Consulting to Family Businesses.http://familybusinessconsulting.com
2. Do not create two classes of employees; family vs. non-family
One should not show any any kind of special treatment to family members in a business, it will make them not to honor the business, and it also demotivates other employees who are not family members
3. Do not confuse family decisions and business decisions
Score experts say one should not allow family decision to affect the business, for instance allowing a family member to use a company vehicle for his or her personal affairs, using the company lawyer on family affairs among others. You have to professionalize the business, says Jane Hilburt-Davis
4. Establish healthy boundaries between family and business
Beside growing a business, it is also necessary to grow the family positively, "If you don't tend to the relationship outside of the business, you won't have a relationship," says Hilburt-Davis
5. Communicate honestly and openly with employees
The ability to have an effective communication with all members of the organization is critical, therefore it is necessary to inform the employees that amongst them is your family members.