What topics are typically covered in a Family Business syllabus?
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1 Answer
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Following are the topics that are covered in the syllabus of Family Business courses:
Family Business Dynamics: Understanding family structures, roles, and governance.
Succession Planning: Strategies for transferring leadership and ownership across generations.
Family Governance: Mechanisms for decision-making, conflict resolution, and family meetings.
Business Strategy and Management: General business management principles applied to family-owned businesses.
Financial Management: Financial planning, control and management specific to family enterprises.
Legal and Tax Issues: Legal considerations and tax implications for family businesses.
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