description: IS YOUR FAMILY BUSINESS A BLESSING OR A CURSE? YouÆve heard the horror storiesùfamily-owned businesses torn apart by infighting, many of them unable to survive beyond the first generation of leadership. ôNot in my family,ö youÆve said, right? Wrong. Before yours becomes one of the seven-in-ten family-owned businesses that fail every year in the U.S., read this book! YouÆll discover that although conflict is inevitable, a sound plan for dealing with it can keep your familyÆs business healthy and growing for generations to come.In The Successful Family Business, author, attorney, and well-known consultant Scott E. Friedman examines a host of problems that frequently plague family-owned businesses and shows you how to harmonize family feelings and business issues with the following sound Establish a family councilDesign a dispute-resolution processManage a conflict-free transition of leadership controlPut agreements in writingConduct a family business ôauditö that will help all members see clearly the direction in which the business is moving.Plus, Friedman clearly explains how to minimize or even eliminate estate taxes, transfer assets or reduce taxes while managing the transition of control, and plan for the long-term success of your family-owned venture.The Successful Family Business promises to be your definitive guide to minimizing conflict, maximizing peace and understanding, and improving the decision-making process within your familyùand within your business!
language: English
title: The Successful Family Business
titlecomplete: The Successful Family Business
publisher: Prometheus Books