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8 Ideas To Strengthen Your Family-Owned Business
By Suzanne Martin


According to the George and Robin Raymond Family Business Institute, www.raymondinstitute.org, family businesses represent 89 percent of all businesses in the United States.

Some are mom-and-pop operations passed down to the kids. Others have grown into giant corporations that employ generations of family members.

Wherever your family-owned business falls in the timeline, there are actions you can take today to ensure the future of your family firm.

 

Tackle The Issues
 
Plan For Succession
Give Women The Reins
Groom The Next Generation
Form A Board To Mediate Family Squabbles
 
Change With The Times -- A Success Story
 
Market Your Tradition -- Two Real-Life Examples
Publicize Personal Customer Service -- One Company’s Story
 
Family Business Resources
 


(Posted August 2004)

 
Family-Owned Business
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