| Sustaining the Family Business Contributor(s): Paisner, Marshall B. (Author) |
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ISBN: 0738203203 ISBN-13: 9780738203201 Publisher: Basic Books OUR PRICE: $18.99 Product Type: Paperback - Other Formats Published: May 2000 Annotation: From the local dry cleaner to the nation's largest to breweries, family businesses make up 90 percent of the fifteen million businesses in the United States. Yet only one-third make it to the second generation, and 10 percent to the third, because owners -- tempted by lucrative offers -- cash in to ensure the financial security of their children. In Sustaining the Family Business, Marshall Paisner celebrates the unique qualities of the family business, and offers a comprehensive resource for successfully managing the enterprise across generations. Drawing from his own extensive experience, new primary research, and examples of family businesses in a wide range of industries, Paisner offers practical recommendations for handling conflict, establishing professional management structures, setting long-term goals, developing tax and estate strategies, and preparing heirs to take the reins. |
| Additional Information |
| BISAC Categories: - Business & Economics | Management - General - Business & Economics | Leadership |
| Dewey: 658.4 |
| Lexile Measure: 1340 |
| Physical Information: 0.59" H x 6" W x 9" (0.64 lbs) 240 pages |
| Themes: - Topical - Family |
| Descriptions, Reviews, Etc. |
| Publisher Description: From the local dry cleaner to the nation's largest breweries, family businesses make up 90 percent of the 15 million businesses in the United States. Yet only one-third make it to the second generation, and only 10 percent to the third. As he prepared to retire after 30 years at the helm of a successful business, Marshall Paisner set out to develop a resource that would outline a comprehensive set of principles to help business owners establish a strong foundation and manage transitions successfully. Drawing from his own extensive experience, new primary research, and examples from a wide range of family businesses, Paisner offers practical recommendations for handling conflict, establishing professional management structures, setting strategic goals, making the most of outside directors, preparing heirs to take the reins, proactively setting tax and estate priorities, and making wise selling decisions. |