Final answer:
Boundary problems in family businesses arise due to blurred lines between family and business roles, difficulties in managing work-family balance, and resistance in succession planning.
Step-by-step explanation:
Boundary problems are common in family businesses primarily because the lines between family, ownership, and management responsibilities often blur. Conflicts arise when the roles are not clearly defined or when individual actions are not aligned with the business's best interests. An example of this would be when a family member uses company resources for personal gain, leading to a conflict of interest.
Moreover, family members may struggle with work-family balance, where the pressures of the job interfere with family obligations, or vice versa. This can cause strife within the business and impact operational efficiency. Additionally, the challenge of succession planning often leads to conflicts when the older generation resists handing over control to the younger members due to distrust or a desire to maintain power.
Ultimately, to navigate these challenges successfully, family businesses need to establish clear boundaries and define roles to prevent these boundary problems and ensure family business stability.