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Business, general

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A workaholic changes his stripes

Article Abstract:

An owner and renovator of apartments who had always felt alone in his work now sees in his fourth son a chance to keep the business in the family. Advice given him includes educating the son and teaching him the business part-time, forming a family forum and preparing for his own retirement.

Author: Yost, Hunter, Murphy, James A.
Publisher: U.S. Chamber of Commerce
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1995

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Case study: getting beyond a tragedy - crises present opportunities; joining a firm must be voluntary

Article Abstract:

A disabling injury to the owner of a restaurant chain provokes a family controversy: whether his 23-year-old son should take over the operation. Both authors advise against compelling the son to take over; but both say he should be involved helping his parents in some way.

Author: Herbert, James I., Hilburt-David, Jane
Publisher: U.S. Chamber of Commerce
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1996
Psychological aspects, Panel Discussion, Adult children

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Devastating options

Article Abstract:

The owner of a family business resists relinquishing control of his company to his children who plan to divide control between themselves, a plan the CEO and the board reject. Two experts suggest ways to resolve this dilemma.

Author: Isaacs, Leslie Dashew, Herbert, James I.
Publisher: U.S. Chamber of Commerce
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1992

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Subjects list: Case studies, Column, Family-owned business enterprises, Family-owned businesses, Succession planning (Business)
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