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Family Business

In a family business, your work life and your private life are not separate entities. Learn the challenges and benefits that come with running a family business.

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1–14 / 14
Hug Your Customers
Book
 

Jack Mitchell

Hyperion, 2003

(9)

Family Wealth
Book

James E. Hughes Jr.

Bloomberg Press, 2004

(8)

Selling Your Business
Book

Louis P. Crosier

John Wiley & Sons, Inc., 2004

(7)

The Dilemmas of Family Wealth
Book
 

Judy Martel

Bloomberg Press, 2006

(7)

For Better or For Work
Book
 

Meg Cadoux Hirshberg

An Inc. Original, 2012

(8)

Let’s Raise the Kids to Be Entrepreneurs
Video

Cameron Herold

TED Conferences LLC, 2010

(7)

Ryanair
Book
 

Siobhán Creaton

Aurum Press, 2005

(9)

The Family Business
Book

Fred Neubauer and Alden G. Lank

Routledge, 1998

(8)

Strategic Planning for the Family Business
Book

Randel S. Carlock and John L. Ward

Palgrave Macmillan, 2001

(9)

Centuries of Success
Book

William T. O'Hara

Adams Media, 2004

(7)

Unconventional Wisdom
Book

John Ward et al.

John Wiley & Sons, Inc., 2005

(8)

Family Wars
Book
 

Grant Gordon and Nigel Nicholson

Kogan Page, 2008

(8)

Family, Inc.
Book
 

Larry and Laura Colin

Career Press, 2008

(7)

The Family Council Handbook
Book

Christopher J. Eckrich and Stephen L. McClure

Palgrave Macmillan, 2012

(8)

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Family Business

Just because you eat your meals at the same table doesn't necessarily mean you want to work with your family. The dynamics of operating a family business are distinctive, demanding and complex. Spending 40 hours a week -- or more -- at the office with your parents, spouse, siblings or children presents unique challenges. Some families are able to manage the transition between private life and work life; others struggle to separate the two. In either case, getAbstract's insightful summaries on running a family business will provide the information and direction you need to make your special arrangement work. Some of the world’s most successful and prestigious family-owned corporations have thrived throughout multiple generations. On the other hand, history is replete with examples of family businesses that have been doomed by hopeless, bitter infighting. Family businesses, large or small, typically must overcome similar obstacles. getAbstract will show you how to avoid common pitfalls, such as discussing personal matters at the office or failing to utilize impartial consultants to mediate policy debates.

The Write Approach

Shooting from the hip is never a wise strategy – especially in a family business. getAbstract will demonstrate the necessity of putting everything in writing, from individual duties and responsibilities to executive hierarchy to compensation and bonuses. You’ll see the wisdom in hiring talented and experienced managers from the outside, even if it means bypassing family members to fill influential positions. The bottom line is that getAbstract will give you the best opportunity to succeed. And who doesn’t want that for their family?