<p>Balancing the benefits and burdens of a family-owned business Working with family complicates the already daunting task of owning a business, and it's tough not to take work problems home with you. The best approach is to realize that family is family... and business is business.Business is Busin
Family Business Compensation
โ Scribed by Craig E. Aronoff, Stephen L. McClure, John L. Ward (auth.)
- Publisher
- Palgrave Macmillan US
- Year
- 2011
- Tongue
- English
- Leaves
- 130
- Series
- Family Business Leadership Series
- Edition
- 2
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Compensation is one of the most discussed items in business. And in a family business it gets personal. Authors Aronoff, McLure and Ward answer the some of the most important questions when it comes to the family what is fair pay among family members? How do I determine appropriate pay for my child? What should I pay my shareholders?
โฆ Table of Contents
Front Matter....Pages i-viii
Introduction....Pages 1-8
Compensation Philosophy....Pages 9-17
Compensation 101....Pages 19-47
Special Compensation Issues in Family Firms....Pages 49-75
Dealing with Challenges....Pages 77-90
Building Trust....Pages 91-103
Aligning Family Expectations and Compensation Philosophy....Pages 105-110
Summary....Pages 111-113
Back Matter....Pages 115-127
โฆ Subjects
Management;Small Business;Organization;Business Strategy/Leadership;Entrepreneurship;Family Business
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