Book description
This outstanding book provides you with a detailed look at family businesses, the most prevalent form of business in the world. Whether you are a business student, or a member of a family who owns a business, you will definitely benefit from this book, which leads with an introduction to the unique nature of family businesses. Inside, the author explores the many differences between a family-owned business and a nonfamily-owned business. He discusses the major family business theories and shows how family firms make business decisions. This book also defines the significant issues prevalent in family firms and explores the most problematic issue: the succession or the transfer of ownership to the next generation. If you are a professional advisor to family firms—such as accountants, attorneys, bankers, insurance providers, and financial services—you’ll undoubtedly develop a better understanding for your clients.
Table of contents
- List of Illustrations
- Foreword
- Preface
- Introduction
- Chapter 1 An Overview of the Family Business
- Chapter 2 Differences Between Family and Nonfamily Firms
- Chapter 3 Family Business Theories
- Chapter 4 Family Business Decision Making
- Chapter 5 Family Business Issues and Generational Differences
- Chapter 6 Succession
- Chapter 7 Governance, Advisors, and Boards
- Chapter 8 Success Tips for Family Business Owners, Employers, and Professionals
- Chapter 9 Trends in Family Business and Future Research
- Conclusion
- Appendix A: Selected Further Reading
- Appendix B: Family Business Resources
- Appendix C: Glossary
- Appendix D: Family Business Checklist
- Notes
- References
- Index
Product information
- Title: Understanding the Family Business
- Author(s):
- Release date: May 2018
- Publisher(s): Business Expert Press
- ISBN: 9781631575747
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