Healthy Growth For The Family Business

Family businesses find many different paths to success. Some, like Wal-Mart become among the world s largest businesses. Others, happily serve a limited market. Whether a business remains small or grows large, every family business at some time or other is faced with issues that center around growth. If you are a member of a business owning family, you may ask such questions as: Do we want this business to grow? Why should we grow it? Is it capable of growing? What sacrifices will growth require? What sacrifices will we make if we don t grow? Healthy Growth for the Family Business will help you answer those questions. When leaders of family firms think about growth, they take into consideration not just the business but also how the business growth will affect the family. Healthy Growth for the Family Business is aimed at helping members of family businesses sort out the issues associated with growth and arrive at decisions that are best for the business and the family. You will learn that growth can mean different things to different people, and not just in terms of increases in sales and profits. The way some family business owners look at growth will offer inspiration and spur creativity as you seek answers for your own company. Family shareholders and board members will learn a great deal from Dr. Pendergast s new book. When they have a better understanding of the issues involved in growth, these family members can support you in moving the family business in the direction it needs to go. Healthy Growth for the Family Business will provide you with practical knowledge. It will help you decide whether to grow and, if so, what type and amount of growth you want. You will learn to avoid the dangers of overestimating your company s ability to grow or under anticipating the company s need for growth. This book will also help you determine how best to reach your growth goals. In addition, it will serve as a useful tool in facilitating the important