Succession success tactics
Article Abstract:
The small businesses people find it hard in finding a successor, the children of these entrepreneurs may have different goals and if they want to sell the business, they donEt get the expected price. The golden handcuffs plan is one way of dealing with the succession plan, transferring the business to one of the trusted employees. The golden handcuffs plan is discussed for its advantages and disadvantages.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2004
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Perfect timing
Article Abstract:
Profile of Richard Pearce, founder of Oyster Consulting, a small company providing mining services, is presented. Pearce defied skeptics who suggested that China's growth story was nearing an end. He took the risk of starting the mining services company, anticipating a commodity boom and consequent increase in mining industry's profits. He is reaping the benefits of his foresightedness.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2006
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