Understanding The Small Family Business

Author : Keanon J. Alderson
Publisher : Business Expert Press
Page : 162 pages
File Size : 44,5 Mb
Release : 2018-05-08
Category : Business & Economics
ISBN : 9781631575747

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Understanding the Family Business, Second Edition by Keanon J. Alderson Pdf

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.

Author : Denise Fletcher
Publisher : Routledge
Page : 318 pages
File Size : 44,5 Mb
Release : 2002-09-26
Category : Business & Economics
ISBN : 9781134532247

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Understanding the Small Family Business by Denise Fletcher Pdf

It is estimated that family businesses comprise between 60-90 % of all firms in Europe and the United States. This book makes an important contribution to the understanding of small family firms by bringing together a number of key themes in management/organisation studies. Reviewing a range of theoretical approaches, examining key literature and drawing from an international range of primary research, it also points to the future of research in this arena, and indicates how support and policy initiatives may be directed in the future.

Author : Keanon Alderson
Publisher : Business Expert Press
Page : 185 pages
File Size : 42,9 Mb
Release : 2011
Category : Family-owned business enterprises
ISBN : 9781606491690

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Understanding the Family Business by Keanon Alderson Pdf

The purpose of this book is to provide readers with an introductory overview of family business, the most prevalent form of business in the world. The differences between family and nonfamily businesses are emphasized in this book. There are several key audiences: As a supplemental text for university undergraduate or graduate level courses such as small business management, introduction to business, entrepreneurship, or family studies. Members of family businesses will benefit from the book as an introduction to the unique nature of family businesses. Professional advisors to family firms such as accountants, attorneys, bankers, insurance providers, and financial services professionals may develop a better understanding of their clients. Suppliers to family businesses will gain insight to this important business customer. Much of the literature on family business is from the United States; an attempt has been made to present relevant international information, as well. Chapter one defines a family business and provides an overview of family business. Chapter two explores the many differences between a family owned business and a nonfamily owned business. Chapter three explores the major family business theories. Chapter four discusses how family firms make business decisions. Chapter five explores the significant issues prevalent in a family firm. Chapter six explores the most problematic issue in family firms: succession or the transfer of ownership to the next generation. Chapter seven explores the many differences among the generations of a family firm. Chapter eight presents information on family business strategic planning. Chapter nine focuses on effective family business governance and use of advisors and boards. Chapter ten explores key success tips for long lasting family firms. Chapter eleven discusses trends in family business. Chapter twelve contains key points for family business professionals and suppliers who target or service family firms. Chapter thirteen presents areas for future research to advance the study of family business.

Author : Denise Fletcher
Publisher : Routledge
Page : 239 pages
File Size : 44,5 Mb
Release : 2002-09-26
Category : Business & Economics
ISBN : 9781134532254

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Understanding the Small Family Business by Denise Fletcher Pdf

This book makes an important contribution to the understanding of small firms by bringing together a number of key themes in management/organization studies.

Author : Ted Clark
Publisher : Unknown
Page : 128 pages
File Size : 50,7 Mb
Release : 2019-01-04
Category : Electronic
ISBN : 0991319214

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Understanding Family Business by Ted Clark Pdf

Author : Andrea Calabrò
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 53,8 Mb
Release : 2020-09-25
Category : Business & Economics
ISBN : 9781788974073

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A Research Agenda for Family Business by Andrea Calabrò Pdf

This exciting Research Agenda expertly addresses the question: What will be important within the family business field and for family businesses in practice over the next decade? Top international contributors explore farsighted theories, methods and topics, often taking a multi-disciplinary approach in order to outline the potential routes for further advancing family business research. Chapters cover the significance of new family trends, entrepreneurial legacy, board diversity, spatial-familiness, corruption, innovation and digital business transformation, challenging core assumptions surrounding the family business phenomenon and mapping the future of the discipline.

Author : ALAN CARSRUD,Malin Brännback
Publisher : Springer Science & Business Media
Page : 328 pages
File Size : 54,9 Mb
Release : 2011-10-29
Category : Business & Economics
ISBN : 146140911X

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Understanding Family Businesses by ALAN CARSRUD,Malin Brännback Pdf

Businesses owned and operated by families constitute the vast majority of firms around the world. These firms are found in all industrial segments, from retail and service establishments to heavy manufacturers. Their sizes and revenues range from the smallest venture of a husband and wife roadside food stall in rural India to the largest multinational, highly diversified corporations in the United States and Europe. Many challenges, such as competition, regulation, environmental concerns, access to capital, and macroeconomic factors confront family and nonfamily firms alike. In addition, family and closely-held firms grapple with such issues of succession, continuity, conflict resolution, identity and organizational roles, estate and financial planning that are idiosyncratic to them; when psychological, social, and emotional factors are in play, constantly changing familial relationships influence the strategic and financial choices they make. Yet, there has been comparatively little theoretical or empirical research undertaken on family firms, relative to entrepreneurship and strategic management. This book addresses gaps in the literature by presenting a holistic, multi-disciplinary approach to the study and practice of family business that draws from such fields as psychology, anthropology, sociology, strategy, family therapy, family studies, wealth management, and international business. An international array of experts addresses both macro issues (including the role of family businesses in new business creation and economic development, influences of culture on family business, public policies that can encourage or threaten family business) and firm management (strategic and financial decision making, governance, entering and exiting). Featuring case studies from firms in a variety of industries, Understanding Family Businesses not only offers provocative new insights on family business dynamics, but outlines an agenda for future research.

Author : Marita Rautiainen,Peter Rosa,Timo Pihkala,Maria José Parada,Allan Discua Cruz
Publisher : Springer
Page : 410 pages
File Size : 50,9 Mb
Release : 2018-10-30
Category : Business & Economics
ISBN : 9783319985428

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The Family Business Group Phenomenon by Marita Rautiainen,Peter Rosa,Timo Pihkala,Maria José Parada,Allan Discua Cruz Pdf

This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.

Author : Josh Baron,Rob Lachenauer
Publisher : Harvard Business Press
Page : 231 pages
File Size : 53,6 Mb
Release : 2021-01-26
Category : Business & Economics
ISBN : 9781633699069

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Harvard Business Review Family Business Handbook by Josh Baron,Rob Lachenauer Pdf

Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.

Author : K. Rhodes,D. Lansky
Publisher : Springer
Page : 130 pages
File Size : 40,6 Mb
Release : 2013-04-29
Category : Business & Economics
ISBN : 9781137321305

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Managing Conflict in the Family Business by K. Rhodes,D. Lansky Pdf

Family Business Conflict Archetypes, Frames, Roles, and Tactics are discussed in this book with a view toward educating readers to the common conflict cycles that family businesses encounter. More specifically the book will address twelve conflicts that are common in family owned businesses, how to spot them and how to resolve them.

Author : Carole Howorth,Nick Robinson
Publisher : Unknown
Page : 192 pages
File Size : 53,8 Mb
Release : 2020-07-15
Category : Family-owned business enterprises
ISBN : 1138217476

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Family Business by Carole Howorth,Nick Robinson Pdf

Family businesses are the most common business form in the world, ranging from the millions of small local businesses to giants such as Walmart. This book showcases the crucial contribution that family businesses make to the world economy, and informs students of the existing and potential research in this area. Drawing upon global academic research and case studies, theories of family businesses are explained and prevailing myths and assumptions are tested. Features including exercises linked to case studies develop skills in applying theories in practice. This concise textbook is essential reading for students of family business and useful additional reading for those interested in entrepreneurship more broadly.

Author : Leif Melin,Mattias Nordqvist,Pramodita Sharma
Publisher : SAGE
Page : 697 pages
File Size : 44,9 Mb
Release : 2013-11-15
Category : Business & Economics
ISBN : 9781446265932

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The SAGE Handbook of Family Business by Leif Melin,Mattias Nordqvist,Pramodita Sharma Pdf

The SAGE Handbook of Family Business captures the conceptual map and state-of-the-art thinking on family business - an area experiencing rapid global growth in research and education since the last three decades. Edited by the leading figures in family business studies, with contributions and editorial board support from the most prominent scholars in the field, this Handbook reflects on the development and current status of family enterprise research in terms of applied theories, methods, topics investigated, and perspectives on the field′s future. The SAGE Handbook of Family Business is divided into following six sections, allowing for ease of navigation while gaining a multi-dimensional perspective and understanding of the field. Part I: Theoretical perspectives in family business studies Part II: Major issues in family business studies Part III: Entrepreneurial and managerial aspects in family business studies Part IV: Behavioral and organizational aspects in family business studies Part V: Methods in use in family business studies Part VI: The future of the field of family business studies By including critical reflections and presenting possible alternative perspectives and theories, this Handbook contributes to the framing of future research on family enterprises around the world. It is an invaluable resource for current and future scholars interested in understanding the unique dynamics of family enterprises under the rubric of entrepreneurship, strategic management, organization theory, accounting, marketing or other related areas.

Author : Alan L. Carsrud,Malin Brännback
Publisher : Springer
Page : 328 pages
File Size : 44,9 Mb
Release : 2011-10-28
Category : Business & Economics
ISBN : 1461409128

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Understanding Family Businesses by Alan L. Carsrud,Malin Brännback Pdf

Businesses owned and operated by families constitute the vast majority of firms around the world. These firms are found in all industrial segments, from retail and service establishments to heavy manufacturers. Their sizes and revenues range from the smallest venture of a husband and wife roadside food stall in rural India to the largest multinational, highly diversified corporations in the United States and Europe. Many challenges, such as competition, regulation, environmental concerns, access to capital, and macroeconomic factors confront family and nonfamily firms alike. In addition, family and closely-held firms grapple with such issues of succession, continuity, conflict resolution, identity and organizational roles, estate and financial planning that are idiosyncratic to them; when psychological, social, and emotional factors are in play, constantly changing familial relationships influence the strategic and financial choices they make. Yet, there has been comparatively little theoretical or empirical research undertaken on family firms, relative to entrepreneurship and strategic management. This book addresses gaps in the literature by presenting a holistic, multi-disciplinary approach to the study and practice of family business that draws from such fields as psychology, anthropology, sociology, strategy, family therapy, family studies, wealth management, and international business. An international array of experts addresses both macro issues (including the role of family businesses in new business creation and economic development, influences of culture on family business, public policies that can encourage or threaten family business) and firm management (strategic and financial decision making, governance, entering and exiting). Featuring case studies from firms in a variety of industries, Understanding Family Businesses not only offers provocative new insights on family business dynamics, but outlines an agenda for future research.

Author : C. Aronoff,S. McClure,J. Ward
Publisher : Springer
Page : 104 pages
File Size : 55,6 Mb
Release : 2017-06-30
Category : Business & Economics
ISBN : 9781137512086

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Family Business Succession by C. Aronoff,S. McClure,J. Ward Pdf

Helps to prepare for passing the family business on to the next generation. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans and finally leaders will learn when and how to let go of their own role in the business.

Author : Kelin E. Gersick
Publisher : Harvard Business Press
Page : 316 pages
File Size : 40,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 9780875845555

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Generation to Generation by Kelin E. Gersick Pdf

Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.