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Monday, 16 March 2015

Family Enterprise: Three Dimensional Development Model


this model helps show the the phases in the three main aspects in family owned business, which are:
  • family 
  • ownership
  • business
  1.  Business axis: it begins with start up --> expansion --> maturity
  2. Ownership axis: Controlling Owner-->sibling partnership --> cousin consortium 
  3. Family axis: young family business-->entering the business--> working together-> passing the baton.

 



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