Title: Easy to read and provide good insights to new owners
Product review: The author describes what a family entrepreneur needs to know in order to run a successful family business. The autor also highlights three major management functions - communication, cooperation and control for a family business owner such as how to evaluate relatives in a family business. It is practical and valuable because small family business owners may not know how to handle such situations effectively. After reading this book, it helps me to understand how to manage my family business practically. In the last two chapters the author also address the problems of succession and retirement that I haven't thought before. Anyway, I recommend this book to those people to plan or just started his or her small family business.
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