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30 Resources for

family business

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BNET Business Dictionary

Family Business
a small or medium-sized business that is controlled and operated by members of a family. It may be organized as a sole proprietorship, partnership, corporation,...
Family Business definition on BNET »

BNET Resources

Should You Join the Family Business?
The decision to join a family business can be difficult because once you're in, you're in for the long haul. You can leave IBM with two-weeks notice. But mixing blood and money means you are committing big time to Johnson's Distributors or Jones and Sons Auto Repair. ...
Tags: Corporate Law, Business Operations, Finance, Corporate Governance, Financial Accounting, Family Governance, Family Business, Sean Silverthorne
Blog posts 2008-08-06
Customer Relationship Management: A Comparative Analysis of Family and Nonfamily Business Practices
It has been reported that family businesses perceive excellent customer service as critical to the future of their businesses. However, little research into the Customer Relationship Management CRM practices of family businesses has been performed. This paper examines CRM implementation among 82 family and 370 non family firms. Family and...
Tags: Marketing, Software, Customer Relationship Management (CRM), Advertising & Promotion, Family Business, CRM, Analysis, Enterprise Software
White papers 2005-07-01
Family Business and Exit Strategies: An Empirical Research
The literature on family business has generally devoted great effort to studying problems arising from succession processes, actors involved, their effects on firm performance and the ways of managing processes. However, empirical evidence shows that, in most countries, family businesses are not likely to survive after the third generation. The...
Tags: Family Business, Strategy, Management, Entrepreneurship
White papers 2005-03-23
Women as Family Business Successors
Women today are challenging the stereotype and assumption that men are the best and most qualified candidates for taking over the family business. This paper is a compilation of examples from various articles outlining the contributions of many women to their family businesses. Specific characteristics and qualifications are identified as...
Tags: Human Resources, Gender And Diversity, Family Business, Women
White papers 2004-05-19
Conceptual Capability and Family Business Survival: An Application of Jaque's Stratified Systems Theory in Family Business
Historically, only a small percentage of family businesses survive the transition from founder to successor generations. The present article tests the hypothesis that business performance following succession is in part attributable to the successor's current and future conceptual capacity at the time of the succession. Using a procedure derived from...
Tags: Succession, Article, George Washington University, Theory, Performance Management, Family Business, Human Resources, Workforce Management
White papers 2004-05-04
A Multi-Level Family Business Choice Model: A Dichotomous Approach
This paper develops a model to facilitate owners of family businesses in their decision-making. The model allows for priorities to be placed on family issues and business issues concurrently, in a dichotomous approach. The research is a complement to existing literature on family business interaction models and could provide a...
Tags: Tools & Techniques, Family Business, University Of Louisiana, Management
White papers 2004-04-21
Family Business Boards: Relationship to Planning and Organizational Outcomes
This empirical research is focused on the extent board characteristics, impact planning and performance of boards of directors in family businesses. Of the 926 surveys sent to family businesses in a mid-western state, 241 were returned with usable data. Organizations were divided into three groups based on board characteristics, and...
Tags: Board, Family Business, Corporate Governance, Business Operations, Corporate Law
White papers 2004-04-22
Conflict Management Strategies and Family and Business Outcomes in Family Businesses
This paper asserts that family businesses that obtain relatively positive business and family outcomes use collaborative and compromising conflict management strategies, those that obtain positive family outcomes use accommodative strategies, and those that obtain relatively negative business and family outcomes use competitive and avoiding strategies. It presents the analyses of...
Tags: Americans With Disabilities Act (ADA), Strategy, Family Outcome, Management, Human Resources, Gender And Diversity, Family Business
White papers 2004-04-22
Internationalization Via Strategic Alliances in Family Businesses
This report indicates three important pre-requisites for family businesses that are seriously considering internationalization as an aid to growth: they need to have a market-leading product, adequate financial resources, and a suitable organizational structure. part from these preliminary conditions, the example of the family businesses studied here demonstrates that success...
Tags: Finance, Management, Strategic Alliance, Strategy, Business Structures, Family Business
White papers 2004-01-01
Competitiveness and Evolution of Family Businesses: The Role of Family and Business Orientation
The purpose of this study is to systematically examine the advantages and disadvantages of different types of family businesses operating in Europe. For this, it makes a distinction between a firm's family and business orientation. The two dimensions are used to develop a space of family businesses that include 'Houses...
Tags: Orientation, Family Business, Reed Elsevier Inc.
White papers 2003-11-21
Sobey Family Business Flourishes
Sooner or later, all family dynasties find themselves on a precipice- the one where they're perched between keeping absolute control and letting go. This article discusses a case about Sobey family and their business. The idea of the business, is partly "to create an I-belong feeling" among the 30-to-40 closest...
Tags: Family Business, Business
White papers 2003-09-26
Commentary on the Special Issue: The Emergence of a Field
Family business is a relatively new field. The words ''family business'' occasionally appeared in the literature before the 1980s, but rarely. Family business is clearly an important entrepreneurship topic and with family businesses accounting for some 57% of employment as well as a similar percentage of the United States' GDP,...
Tags: Management, Entrepreneurship, Family Business, Reed Elsevier Inc.
White papers 2003-08-11
Commentary On: The Transacting Cognitions of Non-Family Employees in the Family Businesses Setting
This article discusses the origins of the academic study of family business. The academic study of the family business field began in earnest with a look at the endemic conflicts and tensions of family business. From that point forward, very little research in this field has occurred that has explored...
Tags: Family Business
White papers 2003-07-31
Choosing A Successor In A Family Business
Succession is a process that may extend from three to six years or longer depending on one's age and on the successor's age. It occurs in phases. Over a period, one initiates or educates children to the family business. After determining a successor, one develops a plan to transfer leadership...
Tags: Career, Management, Entrepreneurship, Professional Development, Family Business, Succession, Successor
White papers 2003-01-01
Enhancing Team Performance
Article is about building a team, it explains the way to improve the performace of the family business. Family business teams can learn a lot from the great teams in sports. For families, there are four primary tasks: establish core values, a mission statement, a strategic plan, and task-forces to...
Tags: Management, Team, Family Business, Energy, Article, Team Management
White papers 2003-01-01
The Need to Explore Family Issues in Family Business Assessment
Although most professional service advisors who are experienced in working with family businesses would agree that family issues influence business decisions, one holds the view that the nature of its impact on family business is more profound than "influence". Certain common family situations or events should serve as red flags...
Tags: Investment, It Operations, Business Operations, Outsourcing & Subcontracting, Management, Finance, Family Business, Team Management, Outsourcing
White papers 2003-01-01
How Multi-Generational Family Firms Transfer Management Control Successfully
Article concludes that the powerful and committed and often curmudgeonly and irascible individuals who dominate family businesses come in all ages, spring from all ethnic groups and races, and include both genders. But their ethnic, cultural and gender differences are less important than their common desire to have both healthy...
Tags: Leadership, Financial Accounting, Management, Finance, Family Business, Business, Article, Continuity
White papers 2003-01-01
Making Peace between the Generations in Family Businesses
http://www.genusresources.com/site/content/publications/articles/davidow_narva_peace.asp There are more than 200,000 American companies with annual revenues of at least $5 million or more. The vast majority is family controlled or family owned. Almost all of these families persevere without benefit of counsel on inter-generational family business issues. Instead of assuming that only an outside professional can...
Tags: Family Business, Investment, Finance, Family
White papers 2003-01-01
Financing Family Business: Alternatives to Selling Out or Going Public
Family businesses, whether private or public, constitute a major segment of the American economic system. A conceptual framework, from a financial practitioner’s perspective, is presented for simplifying the conflicting objectives of the business and its shareholders with respect to the fundamental issues of control, liquidity, and capital. The investment objectives...
Tags: Investment, Financial Services, Finance, Capital Market, Family Business, Financing, Article, Financial, Financial Accounting
White papers 2003-01-01
Family Businesses at the Millennium: Understanding the Challenges of "Mom and Pop"
Article overviews that family-owned businesses constitute a unique market for professional service providers, but for a host of reasons most service providers are ill-equipped to deal effectively with family firms. Increased competition for market share and intensified demands from a better-educated generation of successor owners are likely to challenge the...
Tags: Family Business, Business Services, Service Provider
White papers 2003-01-01
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