Management transitions; ownership conflict; succession planning; relationship conflicts; economic challenges; roles and responsibilities; and generational differences are among the problems that can
occur in family businesses.
Not exact matches
«Often
in the hands of entrepreneurs or
families, small
businesses with up to 99 employees are typically more flexible when economic shifts
occur but can lack the deep pockets to survive a major decline
in the economy,» notes the Index besides a graph showing a sharp decline
in wages during the worst years of the economic crisis and a steep increase over the last three quarters of last year.
Often
in the hands of entrepreneurs or
families, small
businesses with up to 99 employees are typically more flexible when economic shifts
occur but can lack the deep pockets to survive a major decline
in the economy.
Given how much economic activity
occurs in California, it is no surprise that many of the
businesses founded and operated
in the state have made many individuals and
families exceedingly wealthy.
Long distance relationships, once seen as something unreal,
occur regularly
in the course of life of every marriage, when one spouse has to go away for
business or
family reasons.
Start by keeping
in mind everything you want to protect — your
family, your
business, your personal goals — and then think about how the 5 Ds would affect them if any
occurred.
Your, a
Family Member's, or a Traveling Companion's or a
Business Partner's or a Traveling Companion's
Family Member's covered Sickness or Injury, that: a)
occurs before departure on Your Trip; b) requires Medical Treatment at the time of cancellation; and c) as certified by a Physician, results
in medical restrictions so disabling as to cause Your Trip to be cancelled; or
Your or a
Family Member's or a Traveling Companion's or a
Business Partner's covered Sickness or Injury, which: a)
occurs before departure on Your Trip, b) requires Medical Treatment at the time of cancellation resulting
in medically imposed restrictions, as certified by a Legally Qualified Physician, and c) and prevents Your participation
in the Trip;
As I write article, I am
in the midst of getting ready to move to a new home with my
family, relocate my
business, and at the same time, have an extensive amount of travel
occurring during this time.
As I continually busy myself creating and designing my
family mediation systems and processes to meet legal aid requirements so that our 50 offices are operational by the end of next week, it increasingly
occurs to me that, as important as it is to have common quality standards and regulations, these can also very effectively stifle the innovation and creativity inherent
in developing an effective and efficient mediation
business.