Problems arise because all matters pertaining to the business get mixed up in the overlapping areas. It is in these overlap areas that confusion reigns.

Often issues are addressed in a forum outside the circle in which they belong. This confusion then causes conflict.

It is crucial to clearly identify where issues stem from and then move them into the circle in which they belong. By separating the issues in this way they can then be addressed individually, and before they become huge roadblocks.

Succession planning impacts all 3 areas of a family business and is therefore the focal point of the overlap area. Click here for more information on the importance of planning for the future.