Compelling reasons to involve your family in your business
Article Abstract:
The importance of succession planning in family owned businesses and the way to go about it are discussed. The necessity to have a contingency plan in place for any eventuality is also discussed and the need to train a family member to take over in the event of emergency is highlighted.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2005
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Eight steps to building a successful transition plan
Article Abstract:
The steps that are to be considered to make a successful transition of the family business are described.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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