- Description
- Specifications
Most family business operators fail to plan the orderly operations of their business and their ultimate retirement. Unfortunately there is a lack of foresight into many of the problems which can affect a business. They don't "plan to fail", they just "fail to plan".
This paper - "Family Businesses - Making Them Work" analyses a number of strategies which, if implemented, should play a significant part in ensuring that the family business does indeed work. The paper is presented in eleven pages, comprising:
- Planning
- Management Procedures
- Keys To Success
- Performance Data And Information
- Job Descriptions
- Training
- Professionalising The Family Business
- Business Needs Steady Management
- Communication
- Family Council
- "Goodwill" In A Family Business
- "Death Audits"
- Management Not Satisfactory
- Employees In Family Businesses
- Enthusiasm
- Managing The Business
- Balance Between Owners And Managers
- Outside Experience
- Problems That Can Affect A Business
- Who's Going To Do It?
- Problems In Handing Over Control
- Handing Over Control
- Family Business Working