Family Businesses: Page 10
Kids taught about business early value money and have a better work ethic.
"I am not looking at targets. I don't want to work on numbers. I want to work on what my heart says"
The family should arrange business meetings not just to share the visions but also to mitigate the conflicts.
Find out how training, transaction and transition can all help smooth the process so each side is pleased with the results.
From the performance measurement criteria to other things, a family relative should go through the same process meant for all others
Figuring out how the business could run without you is a good way to figure out how to run it better.
Numerous business counsellors advise maturing business people to fabricate a leave system directly into their strategy for success
Less is more at Flame Broiler, a fast-casual restaurant that keeps its customers healthy and its franchisees happy.
Vanu Bose passionately followed the development of wireless technology to achieve his aim of connecting the far off rural parts of the world
An entrepreneurial Miami family is building a thriving business based on one son's fixation on socks and their other son's tireless sales work.
Taking certain precautionary measures in governance control is extremely important for the integrity and future of a family business.
Generation on generation, the business grows, changes, and adapts. As CEOs age and have the will to step away from the daily management of the business, we must be ready to appoint new heirs. Yet, with each new leader, there should be a level of transformation of the company.
He, along with his brother, brought in the SAP system in place of the ERP system to reduce human efforts
One of the key issues faced by family businesses is attracting high-performing 'non-family' talent
The family businesses quickly entered the IT industry in the 1990s and today represent 14.31% of Nifty in Market Capitalization