Family Business Dynamics

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Author:

Stan Mandel Ph.D.

Subject:

Business

Institution Name:

United States Association for Small Business and Entrepreneurship

Collection:

USASBE Syllabus Exchange

Grade Level:

Post-secondary

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 family’s business or another’s - 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.

Course Type:

Learning Module

Languages:

English

Material Type:

Syllabi

Media Format:

Text/HTML, Downloadable docs

Conditions of Use:

Custom Permissions
Free to use or adapt with attribution to the author and institution.