What are the advantages and disadvantages of family run businesses ? There are lots of people who want to open his busnesses,the reasons for it can be many,the most actual is taking control over your life over your finance,of course.Who can we rely when we open business is the question that people ask himself when they starup.Your friends,family or totaly strange people.Lets look to the situation when we open family run business. There are advantages of it like trust.We trust each member of our business,becuse we know them for years and also blood relationship is one of the most important relationship that each of us respect and try to keep.Another advantage is again knowing their personality,we know eash of our family member,their stonge and weak sites and thats wh we can use their talents effectively,giving them positions accordingly. Disadvantages of thi type of business,is human personality himself,the money is very powerfull thing that can influence us and make us forget our moral principles.Our financial problems also can give us stimul to betrayed our family members and start to cheating.Another one is subordination problem,it is very hard to keep subordination,keep professional attitude to your family members. All in all,in my opinion,it doesnt matter relationships in business,I would prefer to work with talented people with professional attitude to his job.I think it makes more sense;)