When you're "one-up" in the family firm
Article Abstract:
In the new book 'Can This Partnership Be Saved? Improving (or Salvaging) Your Key Business Relationships' the authors Peter Wylie and Mardy Grothe explore the power dynamics in business relationships. The advice given in the book is particularly relevant to family-owned businesses.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1993
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Creating a prisoner in your family business
Article Abstract:
A widespread problem in family businesses is a younger brother who is unmotivated or incompetent. This 'kid-brother sysdrome' can be prevented by raising responsible children, setting clear expectations and planning for sufficient liquidity to fund outside business opportunities.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1992
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Valuing a family firm's uniqueness
Article Abstract:
Massachusetts Envelope Pres Steven Grossman believes that family-owned businesses can be identified by a special set of characteristics: speed, treating employees well, detail-orientation and freedom to participate in activities unrelated to the business.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1992
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