Pros of Managing a Family Business

Before all the fiascoes of incurring a mountain of debts, I had built a business for my family, which happened to be established during the Great Recession. My family and I went to different craft shows and different U.S. states in the East Coast to sell our products. Though the business was good in the first 2 years, our business faced challenges in the latter years, which resulted to the its closure. Looking back at the years I worked and managed my family’s business, I learned so much from this experience. I like to share the pros of managing a family business through my perspective.