Do Family Disputes lead to more startup and small-business shutdowns?

Here is a recent newspaper advert:

The Advert tagline read:

“Due to some family disputes, India Life Start Showroom Closed”

This is surely a marketing ploy to either garner sympathy for the businessman or to highlight how customers can benefit from that family’s misery.  However, there may be a grain of truth since many small-businesses and startups are funded and financed by family. A family dispute can surely derail the best laid business plans.

What do you think?

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