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Your Family, Inc. - Practical Tips for Building a Healthy Family Business (Paperback)
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Your Family, Inc. - Practical Tips for Building a Healthy Family Business (Paperback)
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Did you know eighty-five percent of family firms do not survive the
third generation? Your Family, Inc.: Practical Tips for Building a
Healthy Family Business will help the busy entrepreneur lower this
drastic failure rate by providing great tips and practical advice
for creating a successful and pleasant environment when working in
the family business. Containing unique and valuable hints for
building a better business, this book uses specific examples
designed for different situations. Filled with suggestions and
proven advice, this important guide offers important ideas on
deciding which family members should control stock, who should
first work in another company to gain experience, and how to
determine which individuals should make business decisions, and
much more. Your Family, Inc. offers you specific steps to help
avoid common problems and pitfalls with such insightful tips as:
recognizing the dangers of a family triangle to avoid any problems
before they become detrimental to the company realizing the
difference between being asked to respond as a family
member--parent, daughter, uncle, or son--and when the problem
relates to business developing strategies to keep the family firm
accountable by developing a group of advisors that may include the
corporate attorney, accountant, or CEOs of noncompeting industries
making business decisions for the right reasons, and building
consensus in the family to support the decisions creating criteria
for future leadership in advance by recognizing the direction the
industry is taking, the needs of the company and the values of the
family From Your Family, Inc., you will discover how healthy
families and healthy family firms develop practical decision-making
processes which will endure for generations to come. This essential
book provides you with practical information to help your family
business improve family relations and to positively impact business
now and for future generations.
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