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Governance is not applicable for a family business

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Reference no: EM133016459

You friend is running a fitness business with his brother which is operating in Brisbane, Sydney and Melbourne. You friend is asking for your advice regarding governance of his business.

You friend considers that "Governance is not applicable for a family business".

Required: Provide your comments regarding whether "Governance is not applicable for a family business".

Reference no: EM133016459

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