Successful Family Business A Proactive Plan for Managing the Family and the Business

Name: Successful Family Business A Proactive Plan for Managing the Family and the Business
Price: 14.1 USD
Availability: InStock
ISBN: 9780275988876

ISBN-10: 0275988872

ISBN-13: 9780275988876

Edition: 2006

Authors: Edward D. Hess

List price: $75.00

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Over 80% of the businesses in the United States are family-owned and managed. From the corner deli or barbershop to global empires in brewing, media, and cleaning products, family businesses employ over half of the country's workforce, and are the dominant business model in many countries around the world. Family businesses embody the entrepreneurial spirit that drives innovation and economic growth and that represents the hopes and dreams of millions for independence, self-sufficiency, and wealth. And yet the track record for entrepreneurial businesses is poor: over three-quarters will fail during the first five years and only 10% will survive a decade. Family business statistics show that…

Book details

List price: $75.00
Copyright year: 2006
Publisher: Bloomsbury Publishing USA
Publication date: 11/30/2005
Binding: Hardcover
Pages: 176
Size: 6.14" wide x 9.21" long x 0.44" tall
Weight: 0.946
Language: English




Dynamic and different perspectives



A proactive family business management process



A family values statement



A family code of conduct



Annual family meetings



Employing, compensating, and managing family employees



Corporate perks, benefits, and dividends



Sibling and cousin rivalries



Stock ownership and liquidity



Board of directors



Succession



Case study : the beach company



Choosing a non-family successor CEO



Case study : Edens & Avant



Sale of the business



Going public or recapitalizing your family business



Family business operating rules