A practical guide to successful management-today and tomorrow-of the family business.
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 10 percent to the third, as owners tempted by lucrative offers-cash in to ensure the financial security of their children.
After completing a 10-year succession plan of my own business I became aware of many of my friends selling their businesses to competitors or consolidators. Curious as to why only 30 percent of family businesses make it to the second generation, I spent two years researching succession issues. In my book I entwine my own story with the common problems faced in keeping the business in the family. My book was 5 star rated by Amazon.com where you can get three excellent independent reviews. Just follow the links to learn more about Family Business issues or go directly to Amazon.com to purchase my book.
Thanks for visiting with me and good luck in keeping your business in the family.
