Monday, May 4, 2009

Chapter 20-21 5 points

family businesses makes strong bonds and drives a businesses performance. investors also look at family business as being more stable and willing to fund them.
http://www.youtube.com/watch?v=fwUvWQyR9Vc&feature=PlayList&p=7B75392492010106&playnext=1&playnext_from=PL&index=26

Family members need to have meetings about there business and the family itself. having an outsider might be a good idea and will help in the next generation of the business.
http://www.youtube.com/watch?v=-dK9N5YvA98

Hiring a senior staff member from outside the business can help the business grow and provide a look on how to do things that hasnt been seen before.
http://www.youtube.com/watch?v=nh5CDcfX_cI

Ethical behavior is something that is needed at a business and needs to be enforced among a business.
http://www.youtube.com/watch?v=l-nz0kojLv8

this video goes over the business ethics and how to handle these issues.
http://www.youtube.com/watch?v=sDPsSyaZNIw

2 comments:

  1. I liked the YouTube video on hiring a senior staff member outside the business. I agree that doing that would give a business owner a fresh perspective on something he might never have thought of.

    ReplyDelete
  2. I agree, that video was great example of perspective and how to get it.

    ReplyDelete