I saw mostly the effect on the eldest son who was one of the best salesmen I've ever met. Have you ever met someone who could quietly tell you how something was made and of what it was made and still hold your interest? He could do that to an individual or to a class of students.
But the breakup with his father shattered his self-confidence and he turned to a series of minor managerial jobs in various production facilities. Today he's getting by, but I remember the bold and bright salesman that he was and smile.
I believe employment in a family business is a trap that can be very seductive but should be avoided. Children should always first go outside the firm for employment.