Title: Sustaining The Family Business: An Insider's Guide To Managing Across Generations
Publisher: Basic Books
Publication Date: 1999
Language: English
ISBN 10: 0738201146
ISBN 13: 9780738201146
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: No Jacket
Weight: 1.14 pounds

About this title

Synopsis

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.

About the Author

Marshall B. Paisner is Chairman of the Board of the Massachusetts-based Scrub-a-Dub Auto Wash Centers, Inc., one of the world's leading car-wash chains, an enterprise he founded in 1965. He is active in many family business organizations and forums.

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