Succession Planning for Family Businesses: Preparing for the Next Generation by Michael A. Lobraico

Succession Planning for Family Businesses: Preparing for the Next Generation

byMichael A. Lobraico, Jonathan Isaacs

Kobo ebook | August 23, 2011

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Whether big or small, global or local, family businesses are the engine of wealth and security for owners, families, employees, and business as a whole. But as this book shows, that engine can easily break down:
  • If the family, ownership, and business circles related to the business fail to hold regular and candid conversations that clarify ownership's intent for the business and the rules for family members' ownership of and employment in the company
  • And if the business fails to run itself on solid, independent business principlesUsing an entertaining case study of a composite company, Blooms Floral, the authors coach readers in how to conduct these conversations to ensure that future generations of their family business not only survive, but thrive.
Title:Succession Planning for Family Businesses: Preparing for the Next GenerationFormat:Kobo ebookPublished:August 23, 2011Publisher:BPS BooksLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:1926645693

ISBN - 13:9781926645698

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Rated 5 out of 5 by from A must read for anybody running a family business I found this book very informative and thought provoking. The examples used in this book show how things can go very wrong when new generations take over a family business and how things can go right, when all the stakeholders become part of the succession process. If we care about what happens if ... .succession planning should quite simply be a part of business processes.
Date published: 2011-08-14