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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Small businesses & self-employed
Family Firms (FFs) form the majority of all firms around the world and they account for an enormous percentage of the employment, the revenue, and the GDP of most capitalist countries. While MNCs have long been thought of as the main contributors to international business, it is now recognised that a substantial number of family firms are active in the international arena. This handbook focuses on the features which make family firm internationalization unique. Chapters provide FF specific theories and cover the process of FF internationalization. It examines the role of network ties and provides an insight into the development of family firms that have grown into big multinationals. Importantly this Handbook equips you with a better understanding of specific features of family firms as they internationalize from or to Asian or emerging markets. Family firms offer a fruitful context to study internationalization through a process perspective, therefore this Handbook is an invaluable source of knowledge for students, scholars and policy makers in the areas of family business, entrepreneurship and internationalization.
This book covers all important financial innovations for SME financing, and combines theoretical analysis and real world practices employed in China's financial market. As China is increasingly becoming a key player in the global economy, the book helps readers gain a better understanding of the current structure and operation of, as well as future changes in, the Chinese economy. Given the high likelihood of RMB joining the IMF's SDR in the near future, this book offers a well-timed publication that will prove valuable for a broad readership, either as a reference book or as a guide to understanding, researching, teaching on and making business decisions about China and related issues.
This book offers a 'contemporary' understanding of families in business and serves as a springboard for ongoing evolution of families, their composition, transformations, and activities. The first chapter in this volume highlights the different approaches to family and concludes that identifying and understanding the entity 'family in business' is the cornerstone to understanding behaviours of family businesses. The concept of 'family in business' as a socially constructed entity allows for not only a broader scope of the concept to include individuals who share a faith (chapter 2), but also multi- generational families and chosen families. Narratives, or stories, are means for families in business to mark the boundary of the family in business (chapter 3), because not all members of the family are necessarily members of the family in business. Families and their businesses influence each other (chapter 4) and engender the family influence on the firm ('familiness') and firm influence of the family ('enterpriseness'). The last two chapters are dedicated to transgenerational family businesses, with a focus on learning between generations-chapter 5 highlights the importance of unlearning (to learn new knowledge and different ways of conducting business) and the final chapter focuses on what knowledge is actually transferred relative to initial plans. The chapters in this book were originally published as a special issue of Entrepreneurship & Regional Development.
The only up-to-date introductory textbook on sport entrepreneurship and innovation. Entrepreneurial skills are essential for anybody working in sport management, particularly in the face of COVID-related challenges. Introduces key theory and focuses on best practice, based on real world scenarios. Includes practitioner voices throughout.
Systemic Entrepreneurship focuses on creating an awareness of systemic entrepreneurship and illustrates the fact that one needs to approach entrepreneurial support activities from many different angles.
* Offers a comprehensive overview of startups' actions during the covid-19 pandemic, and takes lessons for startups operating in times of crisis more generally * Each chapter contains real-life cases based on interviews with individuals from startups around the world * Online supplements include PowerPoint slides, student quizzes, mini case studies and answers to questions in the book
* Offers a comprehensive overview of startups' actions during the covid-19 pandemic, and takes lessons for startups operating in times of crisis more generally * Each chapter contains real-life cases based on interviews with individuals from startups around the world * Online supplements include PowerPoint slides, student quizzes, mini case studies and answers to questions in the book
Are you a franchisee or small business owner? If so, you need this book. Are you are looking for practical advice and tools to help you achieve more success? If so, you need this book. Included are stories and advice from franchisees and operators who have built successful franchise businesses as well as business experts. Their contributions add to the practical nature of the information.In these pages you will learn how to: Achieve your goals Build a great team Have happier customers Make a lot more money Build a business with incredible value And much more
This book addresses a selection of major topics in family businesses, namely 'managerialization' and 'professionalization', succession, internationalization, access to financial markets, and how governance and control systems can help family firms respond to common problems inherent in the business. Written by prominent experts, the respective chapters highlight the interactions between these topics in order to develop a systems view of the distinctive challenges, and of the potential roles that governance and control systems can play in these contexts. The book is divided into two main parts, the first of which reviews the current literature and develops a comprehensive theoretical framework. Based on these theoretical insights, the second part then interprets and discusses the empirical evidence, including case studies on family-run firms in Italy.
Who will lead your organization into the future? Have you created the systems to properly implement required succession transitions? Have you put the financial tools in place to fund the transition? Do you want a plan that connects with your personal and company core values? When do you include timely planning related to strategy and talent issues? What are the appropriate communication strategies for sharing your plan? What legal issues need consideration related to the strategy, financial, and people aspects of succession? So, what is preventing you from starting this effort tomorrow? Small and family businesses are the bedrock of all businesses. More people are employed by small and family-owned businesses than by all multinational companies combined. Yet the research on small and family businesses is bleak: fewer than one-third of small business owners in the United States can afford to retire. Only 40% of small businesses have a workable disaster plan in case of the sudden death or disability of the owner, and only 42% of small businesses in the United States have a succession plan. Fewer than 11% of family-owned businesses make it to the third generation beyond the founder. Lack of succession planning is the second most common reason for small business failure. Many organizations often wonder where to start and what to do. Succession Planning for Small and Family Businesses: Navigating Successful Transitions presents a comprehensive approach to guiding such efforts. Small and family-owned businesses rarely employ first-rate, well-qualified talent in human resources. More typically, business owners must be jacks-of-all-trades and serve as their own accountants, lawyers, business consultants, marketing experts, and HR wizards. Unfortunately, that does not always work well when business owners embark on planning for retirement or business exits. To help business owners avert problems, this book advises on some of the management, tax and financial, legal, and psychological issues that should be considered when planning retirement or other exits from the business. This comprehensive approach is unique when compared to the books, articles, and other literature that currently exist on the market. This book takes on a bold and integrated approach. Relevant research combined with the rich experiences of the authors connects this thorough, evidence-based approach to action-based approaches for the reader.
This open access book analyzes the dualism and inequality insofar as how it is manifested in interregional disparity and small enterprises. Using the case of Indonesia, the author considers how the general direction of policy should be to mitigate the effects of agglomeration forces leading towards concentration, and exploit the same forces by encouraging small businesses to operate in a cluster for collective action. The book addresses these issues by focusing on the role of interactions between policies and institutions, of which social capital is an important part. This is an open access book.
Industrialisation has brought great benefits to humankind but now, after 200 years of fossil fuel use, land clearance and pollution, the planet's boundaries are being stretched to their limits. Going beyond these confines would have severe consequences for humankind. To prevent this from happening, government, corporate and community initiatives must focus on reducing the environmental impact of approximately 400 million small and medium-sized enterprises (SMEs), given that they produce approximately 70% of the world's pollution, 60% of carbon emissions and have a significant impact on land. To date, research shows that SMEs have been environmental laggards and more needs to be understood to improve sustainability in the SME sector. Broadening the researcher's methodological focus, beyond traditional singular approaches, improves knowledge generation and better informs policy and practice. This book paves the way by showing the reader that a mixed method research design is able to provide a deep, diverse and holistic understanding of sustainability and SMEs. Importantly, the book also provides an in-depth mapping of mixed method sustainability and SME research at a regional level. As this book is about environmental sustainability framed in a business context, it will be of interest to researchers, academics, students and those in industry who are enquiring about the environmental sustainability of SMEs.
***BUSINESS BOOK AWARDS 2021 SHORTLISTED TITLE*** Stressed and unhappy at work, Celia Gaze thought to herself one day: "Surely there must be more to life than this?" She resigned from her high-powered health management role and started transforming a neglected farm into an award-winning wedding venue. She faced nearly every type of challenge an entrepreneur can face - tribunals, near bankruptcy, court hearings, staff issues, system problems - and survived to tell the tale. But the moment that transformed her business from a struggle to a success was the moment she put a bow tie on a llama. Everyone thought she was crazy - why on earth would you do that? But it turns out that the 'crazy' ideas are often the ones that change your life. This book is a roadmap for uncovering your crazy idea and implementing it. From the pitfalls and problems to the practical details of making your idea happen, this is a roadmap for anyone who wants more out of life.
Leading a business through crisis is a crisis in itself. The COVID-19 pandemic has been taking its toll on many, creating turmoil in the global economy. Business NOT As Usual is written not only as a blueprint for a successful recovery plan, but also as a success blueprint and a roadmap beyond the recovery phase. It contains frameworks, tools, and many gems that can help small-medium business owners and leaders during and beyond difficult times. A powerhouse of practical and workable plans and a roadmap to success. Anyone planning for a successful business recovery needs to read this book and keep it in their reference library. -Jack Canfield, New York Times Best-Selling Author
The Wall Street Journal predicts that between 50-60% of all goods and services in the U.S. will be sold through network or multi-level marketing methods in this decade. Shows entrepreneurs how to start up and run their own successful, self-replicating network. Covers everything from picking the right product or service, managing your time, to tax and legal considerations.
Drawing on the entrepreneurial ecosystem as a frame of reference, this new edition of Female Entrepreneurship - Women's Entrepreneurship - continues to challenge contemporary assumptions regarding who or what is an entrepreneur. It draws upon relevant literature and research to enable research-led teaching delivery and provides students with a comprehensive understanding of women's entrepreneurship and a solid foundation from which they can pursue further studies. Informative but concise, Women's Entrepreneurship covers key concepts, issues, themes and approaches and provides useful suggested topics for debate. Updates include a revised chapter on Emerging Technologies and Women's Entrepreneurship, which explores digital entrepreneurship and cyberfeminism. Contextualisation of Women's Entrepreneurship acknowledges the broader contextual influences on women's entrepreneurship. Finally, two new chapters have been added looking at The Entrepreneurial Ecosystem and Women's Entrepreneurship Policy. International case studies explore the socio-economic context for women's entrepreneurship in regional, national and international economies. Pedagogy to aid learning is incorporated throughout, including learning outcomes, boxes to highlight key research insights and best practice as well as discussion points and activities. This book is important supplementary reading on entrepreneurship, small business management and women's and gender studies courses - it will prove particularly useful to women moving towards starting their own business as well as postgraduate students researching the topic for the first time.
One of the main challenges faced by all entrepreneurs, is the need to growth. Growth is part of all organizations, it implies continuous growth of sales, purchases, number of employees, profit and thus the growth of the enterprise. Most innovations that are part of the organizations are derived from the internal organization. Industrial Revolution 4.0 provides both opportunities and challenges to all entrepreneurs to grow their business. The rapid development of technology and all digital aspects create opportunities of innovation in organizations. These proceedings provide details beyond what is possible to be included in an oral presentation and constitute a concise but timely medium for the dissemination of recent research results. It will be invaluable to professionals and academics in the field of business, entrepreneurship and economics to get an understanding of recent research developments.
Entrepreneurship, Innovation, and Crisis: SME Responses to the COVID-19 Pandemic aims to address the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the governmental support for entrepreneurs in such industries as tourism, manufacturing, recycling, education, and printing as well as the creative industry. Through the presentation of various strategies for the functioning and development of companies under crisis conditions along with new management approaches for coping with them, this book discusses the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the support for entrepreneurs that has been offered by the governments of different countries. This approach will allow our results to be useful for a wide audience - making it especially valuable to researchers, academics, policymakers, and advanced students who are interested in crises, entrepreneurship, small and medium-sized enterprises, and strategic management.
Making smaller A/E/C firms more productive and more profitable Want to do big things with a small company? This no-nonsense guide shows leaders of smaller architecture, engineering, and design firms how to compete successfully against larger organizations without becoming one of them. It demonstrates how a smaller firm can position itself to bring more value to its clients, operate over a larger geographical area, and develop a strategic plan for increasing revenues and profits. Featuring new chapters on forming strategic alliances and maximizing the benefits of information technology, this new edition presents updated case studies of more than fifty small design firms. These firms have achieved remarkable success and handled large contracts with limited staff, and the case studies illustrate how they learned to:
Read Staying Small Successfully, Second Edition and follow its recommendations one step at a time. Your company will stay small, but your business, your revenues, and your profits will soar.
* Provides tailored guidance for entrepreneurs who are also life partners, and women entrepreneurs, based on the authors' decades of successful experience * Covers such important issues for all entrepreneurs as risk tolerance and mitigation, infrastructure scaling, and exit strategy * Offers insights on trends and opportunities for entrepreneurs in a post-COVID19 world
* Provides tailored guidance for entrepreneurs who are also life partners, and women entrepreneurs, based on the authors' decades of successful experience * Covers such important issues for all entrepreneurs as risk tolerance and mitigation, infrastructure scaling, and exit strategy * Offers insights on trends and opportunities for entrepreneurs in a post-COVID19 world
Volume 39 of Research in Personnel and Human Resources Management contains eight original scholarly monographs written by thought leaders in the field of human resources management. This volume focuses on generational issues that have been created by a global pandemic, gig economy in relation to human resources management, immigrant and refugee issues in human resources management, pay dispersion issues, network structures and human resources management, human resources issues in family organizations and managing human resources during economic downturns. |
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