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Managing The Family Business

The management and structure of a family business can be different to that of a non-family business. What are some of the secrets to successfully managing a family business?
Total 54 articles in this section.
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20 Tips To Winning Family Business

Wednesday 9 September 2009

Family businesses seem to bring out the best and the worst in us. So what winning ways set apart the successful family businesses from the dysfunctional?

Successful family businesses are perceptive and understand their strengths and weaknesses. They set up processes and use techniques to protect themselves and their family members from struggling and falling out. They surround themselves with intelligent and trusted non-family members both working internally and externally of the business.

Use Of External Advisers In Family Business

Thursday 27 March 2008

64.4% of family business owners report the use of outside advisors on a regular basis.

Family Business Management Planning

Tuesday 4 March 2008

The descriptive breakdowns in Table 12.1 below suggest that management planning is not a priority for a significant percentage of Australian businesses.

Family Business Governance: Management

Wednesday 27 February 2008

Management by generation of ownership.

Family Business Governance: Board Of Directors

Tuesday 26 February 2008

Board composition in family businesses.

Family Business Sources Of Capital

Thursday 21 February 2008

Sources of funding are governed by pecking order principles as indicated in Table 9.1 below.

Family Business Growth

Wednesday 20 February 2008

Close to one third of owners state that they are NOT satisfied either with the rates of growth, or the current size, of their businesses.

Employees In Family Business

Friday 15 February 2008

The median number of equivalent full-time employees in family businesses is 15 (17 for non-family businesses) employees.

Profile Of Family Business

Wednesday 13 February 2008

A profile of Australian family businesses.

Definition Of Family Business

Monday 11 February 2008

For most people, family business tends to be regarded as small business. In fact, examination of some of Australia's ASX listed companies indicates high levels of family control.

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