Family Business Dynamics
(Complete Item Description)
- Abstract:
Family businesses impact all our lives. It is estimated that over 95% of all US businesses are family owned, that they contribute over 50% of GDP, and that they account for all US new job creation. Interestingly, less than 20% of them survive to the second generation. WHY? Most likely all of us will be involved in our own familys business or anothers - as a professional manager, accountant, lawyer, psychologist, or employee. This course explores the business, personal, and interpersonal issues associated with a family-owned and managed company. We will examine such issues as: your role in a FB; strategic family and business planning; succession planning (training and letting go); FB communications and conflict resolution; ownership and estate planning; etc.
- Subject:
- Business
- Grade Level:
- Post-secondary
- Collection:
- USASBE Syllabus Exchange