Team playing is on the rise

Article Abstract:

Appointing a team of leaders rather than one individual as successors to a family business is a growing trend that is producing positive results. The team is usually composed of siblings or cousins. The approach maintains the culture and goals of a company and offers advantages in communication.

Succession planning (Business)

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If I only knew then what I know now

Article Abstract:

Ten family business owners share lessons they wish they had learned earlier in life. Separating personal life from business life is important, and a family business should be professionalized as it grows. Communication is an important key to success.

Personal narratives, Entrepreneurship

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Daughters as successors in 'male' industries

Article Abstract:

Women who take over family businesses are equally capable managers of businesses typically run by men. Julie Nimmons successfully took over an athletic equipment company, Schutt Manufacturing Co.

Sporting and athletic goods, not elsewhere classified, Social aspects, Sporting goods industry, Women executives, Schutt Manufacturing Co.

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