9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses
"What a powerful, greatly needed and comprehensive book on all the issues confronting family business!" -Stephen R. Covey, bestselling author ofThe 7 Secrets of Highly Effective PeopleA Practical Formula for Meeting the Challenges of Running a Family BusinessStaying on top of daily business operations while keeping your employees motivated is a difficult task. Add family dynamics into the mix and every moment becomes a major project.9 Elements of Family Business Successaddresses the unique issues family-business owners and employees face each day and helps you devise your own strategies for meeting each one. Using the nine-step formula inside this book, you'll be equipped to ensure that:Compensation issues don't give rise to family tensionHiring and termination processes are clearly definedMarriages don't suffer in spousal partnershipsThe business remains profitable after you retireYour position holds the promise of the best business ownership has to offer--as long as you remain vigilant of its natural pitfalls and maintain the know-how for avoiding them. This comprehensive and insightful guide provides the tools you need for reaping the rewards of entrepreneurialism, hard work, and a family-focused life.