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Characteristics and goals of family and owner-operated businesses in the rural tourism and hospitality sectors

✍ Scribed by Donald Getz; Jack Carlsen

Publisher: Elsevier Science
Year: 2000
Tongue: English
Weight: 143 KB
Volume: 21
Category: Article
ISSN: 0261-5177
DOI: 10.1016/s0261-5177(00)00004-2

No coin nor oath required. For personal study only.

✦ Synopsis

This research examines goals pertaining to start-up, operations, the family, and ultimate disposition of the enterprise by family and owner-operated businesses in the rural tourism and hospitality sectors. The sample is from a survey in rural Western Australia. A large majority of respondents were from middle-aged couples, new to the business, with strong motivation to live and work in the countryside. Lifestyle and family-related goals were predominant, but there was also recognition that the business had to be pro"table. Most respondents were uncertain about the ultimate disposition of their business; only about one-third had de"nite succession plans to involve children or other family members. Implications are drawn for business and destination development.

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