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NAIROBI: Family-run businesses can be difficult to manage. Imagine having to fire a relative who is underperforming. And then meeting him or her at family reunions and having to pretend to get along, or explain to your uncles and aunties over and over why you cannot hire them back.
But there are also upsides, which include loyalty, familiarity and you know they will not lie about their job history as you already know it all. A lot of family businesses are now being taken over by sibling teams, which carries its own set of risks, such as a lot of bickering, manipulation and teasing.
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