Home > Business & Economics > Business & management > Corporate governance & responsibilities > Start Here: A Guide for Family Business Succession
5%
Start Here: A Guide for Family Business Succession

Start Here: A Guide for Family Business Succession

          
5
4
3
2
1

International Edition


Premium quality
Premium quality
Bookswagon upholds the quality by delivering untarnished books. Quality, services and satisfaction are everything for us!
Easy Return
Easy return
Not satisfied with this product! Keep it in original condition and packaging to avail easy return policy.
Certified product
Certified product
First impression is the last impression! Address the book’s certification page, ISBN, publisher’s name, copyright page and print quality.
Secure Checkout
Secure checkout
Security at its finest! Login, browse, purchase and pay, every step is safe and secured.
Money back guarantee
Money-back guarantee:
It’s all about customers! For any kind of bad experience with the product, get your actual amount back after returning the product.
On time delivery
On-time delivery
At your doorstep on time! Get this book delivered without any delay.
Quantity:
Add to Wishlist

About the Book

Start Here: Family Business Succession gives you a step by step method to start your family business succession.

WARNING

When done well, passing your family business to the next generation leaves you poised to take great care of your family, your employees, your customers, and your community.

When done well, family business succession is a powerful way to build continuity in your business and leave a well-defined family legacy for generations to come.

When done well, it is a fantastic way to create and maintain generational wealth for your family and security for your employees.

When done well, it will look easy from the outside.

Family business succession is not for the faint of heart, strategy is involved, tough decisions get made and major risk factors get faced. It is critical to have healthy communication and a lot of patience.

Succession planning takes time-it can't be rushed.

When a family rushes through family business succession, it is typically because some unavoidable issue caused the need for speed-perhaps there was a disaster, a family death, or both. Or, perhaps you didn't take the time to do it because you thought it would work itself out. Research and experience show that family business succession doesn't work itself out. When you wait too long you may have to rush.
When family business succession is rushed, there are typically major risks to the business and family. Often, there is a great deal of wealth and stability lost in the process. Sometimes the business is forced to close when family business succession has not been planned in advance.

Thank goodness you're using this book right now, when there isn't an emergency.

This practical guide is designed to take you through a process to successfully transition the ownership of your business from one generation to the next. The activities in this guide are meant to help you create a solid foundation for ongoing family business ownership. It is designed to give you the clarity, communication, and consistency needed to work through the process in a way that serves your family and business well.

This guide is meant to help you get your fellow owners in agreement about how you will maximize opportunity and minimize risk for your family and business. It is meant to help you be good at making short and long term decisions that serve your business and family.

It is not meant to help you organize your business, clarify your vision or gain traction inside of your business. It is also not intended to help get your family healthy and productive. This guide is meant to help get your ownership group clear, healthy, and productive so you can pass your business from one generation to the next.

This guide does not dive into the needs of the family or the business. The focus here is simply ownership.

The average family business succession takes eight years (some take fewer years and some take more). Answering the following questions as an ownership team (not the team that runs the day to day business and not the family) improves the chances of your family business succession going well:

  • What are our values?
  • What is the legacy we're trying to build?
  • What will things be like in ten years?
  • What is our ownership philosophy?
  • What is our plan (three years, one year and 90 days)?
  • What do we need to solve to accomplish this?

Family business succession happens in all three areas: family, business and ownership. The place to start for smooth succession in a family business is with ownership. The activities and ideas in this guide are focused on ownership.


Best Sellers



Product Details
  • ISBN-13: 9781726710619
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 229 mm
  • No of Pages: 56
  • Series Title: The Sage Pages
  • Sub Title: A Guide for Family Business Succession
  • Width: 152 mm
  • ISBN-10: 1726710610
  • Publisher Date: 21 Feb 2019
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 3 mm
  • Weight: 95 gr


Similar Products

How would you rate your experience shopping for books on Bookswagon?

Add Photo
Add Photo

Customer Reviews

REVIEWS           
Click Here To Be The First to Review this Product
Start Here: A Guide for Family Business Succession
Independently Published -
Start Here: A Guide for Family Business Succession
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Start Here: A Guide for Family Business Succession

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book
    Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals



    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!