1. Growing and Evolving Family Business
The owner needs to involve other member's roles and responsibilities, required at different phases of the businesses existence to contribute to the firm's continued growth, success and future. ... In this stage sibling partnership pays an important role because every sibling partner needs to have a good relationship to face stress and other difficult decisions. ... As this stage owners seek help form family council to discuss family conflicts and to develop guidelines for family decision making (Gersick, 1997, pp.166).Therefore, every developmental stage ...
- Word Count: 1224
- Approx Pages: 5
- Grade Level: High School