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By day, the Duncans are an upstanding family who run a thriving car dealership in Queens. By night, they live a dangerous secret life! Carl Weber and Eric Pete deliver a thrilling underworld drama in The Family Business. L.C. Duncan, patriarch of the family, is at the age when he’s starting to think about retirement in sunny Florida. But the recession is taking a bite out of the business and, worrying more, he has to decide which of his children should take over. When his workaholic son Orlando gets the nod, Orlando’s siblings—including the favorite son Vegas, conniving daughter London, glamorous party girl Paris and flamboyant nightclub owner Rio—are up in arms. But so are the Zunigas, a rival family whose fragile business alliance with the Duncans may explode at any moment. When Vegas suddenly breaks away from the family, London’s lawyer husband, Harris, makes a play for the company and all hell breaks loose. Selling cars, it turns out, is only a small part of the Duncans’ family business. Each member of the family has a secret expertise to reveal. And now, under siege from the Mafia, Mexican drug cartels and the Zunigas, the Duncans will have to stick together—or die separately!
The Soul of Family Business by Tom Hubler takes readers on a journey throught the heart and soul of family business. Using case studies from his more than thirty-five-years as a family business consultant, Hubler explores what it takes to run a successful family business, illustrating how love is the foundation and family values are the secret sauce for success.
Learn how to overcome the paradox of family business, and understand that synergy of the two entities will bring greater success than choosing one over the other
•The editors should be commended for developing a Map of the Landscape of Family Business Outcomes. It gives future research direction to the discipline considering both short-term profitability and long-term sustainability. It considers conventional c
This outstanding book provides you with a detailed look at family businesses, the most prevalent form of business in the world. Whether you are a business student, or a member of a family who owns a business, you will definitely benefit from this book, which leads with an introduction to the unique nature of family businesses. Inside, the author explores the many differences between a family-owned business and a nonfamily-owned business. He discusses the major family business theories and shows how family firms make business decisions. This book also defines the significant issues prevalent in family firms and explores the most problematic issue: the succession or the transfer of ownership to the next generation. If you are a professional advisor to family firms—such as accountants, attorneys, bankers, insurance providers, and financial services—you’ll undoubtedly develop a better understanding for your clients.
Family businesses are vital to the health of a nation’s economy, but distresses such as economic downturns and the Covid-19 pandemic can put them at grave existential risk. Drawing from her dynamic experience working with her family-owned company MPIL Steel Structures Ltd, Priyanka Gupta Zielinski presents a unique manual to help family businesses thrive, even in times of crisis. Central to it is a survival toolkit – featuring a metaphorical multipurpose hat, a flashlight, a superhero cape, a Swiss Army knife and a parachute – which prepares business owners to face any challenge head on. The book also reveals how the improvisational style of family enterprises can be leveraged better for sustainability, while identifying in their close-knit structure and community-driven approach avenues for meaningful social change. Replete with anecdotes and effective strategies – with an occasional Haryanvi idiom thrown into the mix – The Ultimate Family Business Survival Guide is a must-read for family business and MSME owners everywhere.
The purpose of this book is to provide readers with an introductory overview of family business, the most prevalent form of business in the world. The differences between family and nonfamily businesses are emphasized in this book. There are several key audiences: As a supplemental text for university undergraduate or graduate level courses such as small business management, introduction to business, entrepreneurship, or family studies. Members of family businesses will benefit from the book as an introduction to the unique nature of family businesses. Professional advisors to family firms such as accountants, attorneys, bankers, insurance providers, and financial services professionals may develop a better understanding of their clients. Suppliers to family businesses will gain insight to this important business customer. Much of the literature on family business is from the United States; an attempt has been made to present relevant international information, as well. Chapter one defines a family business and provides an overview of family business. Chapter two explores the many differences between a family owned business and a nonfamily owned business. Chapter three explores the major family business theories. Chapter four discusses how family firms make business decisions. Chapter five explores the significant issues prevalent in a family firm. Chapter six explores the most problematic issue in family firms: succession or the transfer of ownership to the next generation. Chapter seven explores the many differences among the generations of a family firm. Chapter eight presents information on family business strategic planning. Chapter nine focuses on effective family business governance and use of advisors and boards. Chapter ten explores key success tips for long lasting family firms. Chapter eleven discusses trends in family business. Chapter twelve contains key points for family business professionals and suppliers who target or service family firms. Chapter thirteen presents areas for future research to advance the study of family business.