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Article: Family affair.(In 60 seconds)(family business management)(Brief Article)
- Article from:
- Feedstuffs
- Article date:
- June 13, 2005
CopyrightCOPYRIGHT 2005 Miller Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Family affair: Planning the transition of a family business to a new generation can be done more efficiently with the use of family meetings. Jack Davis of South Dakota State University said all family businesses are made up of three unique systems: the family system, the business system and the ownership system. Family members involved in the ...
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