Family Business

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  • Edition: 3rd
  • Format: Paperback
  • Copyright: 2009-01-29
  • Publisher: South-Western College Pub
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Family-owned businesses face a tougher challenge today than ever before. To ensure your success, Family Business provides you with the next generation of knowledge and skills needed for the profitable management and leadership of the family enterprise. And because the textbook focuses on how to position your family business for a successful future, Family Business is the textbook you'll refer to again and again in the years to come.

Table of Contents

Prefacep. vii
About the Authorp. xv
The Family Business: What Makes It Unique?
The Nature, Importance, and Uniqueness of Family Businessp. 1
Great Families in Business: Building Trust and Commitmentp. 27
Ownership of an Enterprise Built to Lastp. 49
The Binghams and the Louisville Courier-Journal Companiesp. 67
Small Family Business Power Play at the Innp. 69
The Ferre Media Groupp. 69
Small Family Business "She'll Always Be My Little Sister"p. 77
The Vega Food Companyp. 78
Leadership Imperatives for the Family and Business: Succession and Continuity
Succession: Continuing Entrepreneurship and the Next Generationp. 85
Succession and the Transfer of Powerp. 107
Sigma Motion, Inc.p. 127
Small Family Business The Ambivalent CEO of the Construction Companyp. 137
Small Family Business Borrowing to Grow at Andrews Companyp. 138
Small Family Business Adams Funeral Homep. 139
Fasteners for Retail (Part A)p. 141
Ferre Media Group (Part B)p. 156
The Cousins Tournamentp. 160
Best Practices for the Management and Governance of the Family Business
Creating the Strategyp. 167
Planning the Estatep. 187
Financial Considerations and Valuation of the Family Businessp. 201
Key Nonfamily Management: The Visible Commitment to Managing the Family Business Professionallyp. 231
Family Business Governance: Advisory Boards and Boards of Directorsp. 247
Family Communication: Family Meetings, Family Councils, and Family Officesp. 271
Change, Adaptation and Innovation: The Future of Family Businessp. 293
Continuing the Spirit of Enterprise: Lessons from Centennial Family Companiesp. 325
PrivateCo Business Valuation Reportp. 345
Reliance Industries (Part A)p. 355
Small Family Business The Son-in-Lawp. 367
Small Family Business The New MBAp. 368
Small Family Business Real Estate Development Partners, Inc.p. 369
Small Family Business Glassking Distributor Companyp. 373
New Way Distributingp. 373
The Reliance Group (Part B)p. 375
Indexp. 379
Table of Contents provided by Ingram. All Rights Reserved.

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