For a new business, is it adviseeable to employ family and friends?

[Muhammadawais]

No one has heard of working with and working with family members, and in some small businesses, personnel can act as a primary workforce before extending any job. ... But there are also hidden risks to these benefits that are unique to the delicate mix of family and business.

 

[Ezzyoj]

Why not? It is even better to start with someone close to you who share the same vision with you. There are so many family members who are ready to help you grow in your business with out having bad feelings or being exuberant. It all depends

 

[Greatguy1]

For a new business, trust is sacrosanct and wherever you can find loyalty you have to get it. You have to look for every available means to get it- be it family, Friends or enemies. If you have a family member very loyal to you; as soon as you are starting up a new business there's no harm in tagging him along.

 

[Presh1503]

When starting a business you will need staff/employees to assist you in the labor of the business admitting family or friends as employees into the business is not a very good idea but it can be considered if they are qualified at least to reduce cost

 

[Olubayo12]

For a start up, would you advise he/she accommodates family and friends to cut cost?

yes, I do not see anything bad in it as far as they know about the business and you can ascertain that they are very honest and will do the business the way you want it done by any random person, iris a good move. You can employ them

 

[Georgeadawara1]

Sometimes you need to have the family and friends to partake in your business and the reason why you need them is to help you make the business grow. And you don't need to bring everyone that is just their.
He or she must have thesame dreams and same vision onthat business.

 

[Shivay]

Yeah man definitely , if your family or friends are ready to work on the same page then you definitely should work with them , why go to explicit cost factors of the implicit cost factors are available. The family encourages us too.

 

[Onachukwu]

In a word: yes. Just to be clear, there are no laws against nepotism (aka, hiring family members and friends) in a privately owned business. We're not talking about governmental positions or other offices of public trust here; hiring family members can be both legally protected and ethically unassailable.

 

[Sad56]

Sometimes this type of decisions make you regret after some time. Sometimes we trust so much on family or friends and that trust hurt us at some points but it is not every time we face but we should employ them because we need some members so they will be a good choice.

 

[tyrim88]

Start up business is not different from when the firm has been properly rooted on ground.
So a family member that buys into the vision of the business and is willing to make meaningful and sacrificial input at the building stage,there is no problem in bringing him in.
You have to look at his loyality level to the business and his attitude when carrying out responsibility.

 

[Blue house]

If the family or friend is competent and reliable there is no issue in employing them to work for you, but if they are not trustworthy I will advice you don't employ them, it may be a disaster for the company since it still developing.

 

[Abisola]

Should you hire your own family – close or distant – to work with you and for you in your small business ventures? For that matter, should you hire friends to work with you and for you? What kinds of things need to be considered? Are there pros and cons? Yes, definitely!

It’s hard enough being the leader of a small business. Sometimes the casual atmosphere makes it difficult to fully delineate the leadership role and get everyone to step up to the plate when needed. When family and friends are involved, that issue can become even bigger so it’s critical that the small business owner doesn’t go into this type of hiring situation with rose colored glasses on. If you’ve watched “How I Met Your Mother” you know that the longtime dream for the guys was to all own a bar together, but they realized after one horrible night of taking over the local bar for the owner that it was never going to happen

 

[Ziki]

I think the question is- are you willing to FIRE a friend/family member. worked for my Mom once. I think I worked harder for her than most managers I've had knowing that the success of the business translated into her happiness. If your Friend of family member gets that it's a good step to take, if they are qualified.

 

[Abisola]

The idea of hiring your family to help get your startup or small business going presents some advantages, such as them working for a reduced wage until cash flow increases. You may feel that family are the only ones that you can impose upon that much.

As a whole, your nearest and dearest are also pretty reliable and trustworthy. They’re probably not going to throw you under the bus, but there’s also a lot of reasons why you shouldn't hire and work with your relatives.

 

[Oluwasayofunmi]

Concerning the question for a new business, is it advisable to employ family and friends, there is nothing bad in employing family and friends into a new business, as long as they follow the rules and guidelines of the business as every other workers

 

[Waseem74]

Dear friends and family,I have started a new business. ... More times than not, friends and family have no idea how to converse ... 123 ways you can use a growth
Whenever you're dealing with a friend there is another element that enters into it that ... Related: How to Manage the Challenges of a Family Business

 

[Damismiling]

The truth is, there is nothing wrong with employing family members and friends in your business as long as the know the job description of the business and they will abide by the rules, terms and conditions of the business. If they could agree that they can do the work without bringing familiarity into the business, then there is no cause for alarm.

That is just a better and preferable way to run a business With a family or bringing your family into your business, ensure you make them understand the terms and conditions for the work for the betterment of the business and over familiarity should be shuned

 

[Halexcity]

If is good to employed family or friends in your business? Well for a family, I will say yes and no, there are some person in your family that wants the success of your business you can employ that can of person but there are some that are too familiar with the siblings relationship and with not want to focus, that can of person is not needed in your business

 

[Dubai]

That is just a better and preferable way to run a business With a family or bringing your family into your business, ensure you make them understand the terms and conditions for the work for the betterment of the business and over familiarity should be shuned

Exactly. If the family members you are bringing into the business have experience in managing a firm or are professionals in that sector, then you have no worries working with them. I have seen and heard of many businesses that are headed by brothers, father and son, with that of members of the family and they are currently doing well.

 

[Johnbami]

That decision I believe is meant for you to make. Adding family and friends bro your business can and is always a good thing to do. If you want to have people that you can easily go to say your mind then they are the ones