Keeping It in the Family: Successful Succession of the Family BusinessA realistic view of the ins and outs of ownership succession of a family-owned business, it guides the owner or prospective successor of a family-owned business through the complex and often frustrating succession process. The main emphasis is on the human element in ownership and management succession. The information provided is shaped by observation and practical insights and reinforced by results of research in the social, psychological and management sciences. |
Contents
Introduction | 1 |
Is Your Business Ready for Succession | 17 |
Analyzing the Factors and Estimating the Odds | 19 |
Copyright | |
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abilities action agement analysis analyzing apprenticeship authority business owner business ownership business-owning families business's businessperson CEO's company's consultant continuity corporate costs current owner customers daughter decisions developed employees entrepreneurs ership executive experience family business marketing family business succession family company family leader family management family mem family ownership family-owned business family's future give hand hand-over important incoming interests interim manager Job enrichment keep kids leadership letting go lion company management and ownership management succession marketing strategy marketing the business ment monitoring negotiation ness nonfamily operations owner's ownership and management pany parents person planning and managing position problems profits prospective successors responsibility retired owner retirement plan role salary senior owner skills someone spouses step stock broker succes successful succession succession plan succession process Target date tegic there's things transfer transition process transition rules who's