I’m experiencing a bit of a dilemma at the moment and I really don’t know how to deal with it. I have a stake in a family business, along with my two brothers who were also brought into the company by our father. It was originally the father’s business but he had to step down as chief executive, becoming a minority shareholder and bringing in my brothers and myself afterwards to run it. Sadly, my father passed away last year and his remaining shares were divided between us and our mother, who has no role in the company.
For some time now I felt that my ambitions or ideas for the company have been hindered and it’s gone as far as it’s going to at this point. I’ve also lost interest a bit as well I suppose. Seeing as the others don’t want to try to move forward or sell up completely, I can’t see any better option for me at this point than to sell my share of the company. This however, I’ve been told, will “tear the family apart” and as it is one of my brothers has stopped speaking to me. I want to make this decision based on business not family but there seems to be no way of avoiding the mess. Can you give me any advice? more >