The Keys To Family Business Success [Hardcover]

Family businesses are the most prevalent form of business in the world. Yet, they are also the most complex form of organizations since they must serve three masters: members of the family, leaders of the business and owners. Often the interests of these masters come into conflict and these differences must be addressed or the business and the family may be destroyed. The book offers readers a comprehensive guide to understanding family businesses and how to address the unique challenges they face. The authors share stories that will sound familiar to readers who are in family-owned businesses. They also identify typical hurdles and tools that can be used to help overcome those hurdles. The book is particularly helpful in the wide-range of perspectives offered to the reader; you can read case studies, you can learn about best practices for family businesses, and you can readily apply the ideas found here to your own family and business.