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Cover image for book Developing Family Business Policies

Developing Family Business Policies

Your Guide to the Future
By:C. Aronoff; J. Astrachan; J. Ward
Publisher:Springer Nature
Print ISBN:9780230111097
eText ISBN:9780230115972
Edition:0
Copyright:2011
Format:Page Fidelity

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Developing policies to guide decision making can help the family business avoid serious problems. The authors provide a step-by-step process for engaging family members in developing policies which cover issues such as: dealing with conflicts of interest; retirement timing; distribution of profits; loan programs; compensation and succession.