Understanding Family Business Planning
A Coggle Diagram about The Obstacles to Family Business Planning
, The Benefits of Family Business Planning
, The PPP for the business
, Family Enterprise Continuity Plan
Family Business Continuity Plan: ¨who will ensure the continuation of the business as a family enterprise, provide participating roles for the remainder of the family, and accomplish all of this while maintaining family harmony¨ (Sherman, Partner, Dickstein and Oshinsky)
, Strategic Planning and the family business
, The Influence of life cycles on family businesses
, The Challenges Facing Family Businesses
, The Parallel Planning Process
, The PPP for the family
, Parallel planning for the family and business systems
Planning the future is affected by changes and events that influence each system.
, The Shared Future Vision of the Family Business
¨The parallel planning process can start when children are very young and can shape their training, courses, and what they study¨ (Noye, 2015).
and REFERENCES:information_source:Carlock, R and Ward, J.L. (2001) Strategic Planning for the Family Business. Parallel Planning to Unify the Family and Business. New York: Palgrave.
:information_source:Noye, B. (2015).The Parallel Planning Process for Family Business. Retrieved from http://www.kpmgfamilybusiness.com/the-parallel-planning-process/
:information_source: Sherman A., Partner, Dickstein and Oshinsky. (n.d.). Management and Legal Challenges in Planning a Family Business.Retrieved from http://entrepreneurship.org/resource-center/management-and-legal-challenges-in-planning-a-family-business.aspx