Family Business Management in Small and Medium Enterprises at Nellore District
Journal Title: International Journal of Scientific Research and Management - Year 2014, Vol 2, Issue 8
Abstract
Family businesses constitute most businesses in India. Economic liberalization and rapid expansion in the industrial base in recent years have not only created growth opportunities for many but also have tested their resource capabilities to respond to the m. Family business management stands for “A family business is a company owned, controlled, and operated by members of one or several families. Many companies that are now publicly held were founded as family businesses. Many family businesses have non - fam ily members as employees, but, particularly in smaller companies, the top positions may be allocated to family members” Family Business contributes 60 - 70 percent of GDP of most developed & developing countries. Number of challenges face by Indian family bu sinesses today. My study covers key determinant factors which influence the family business, leadership style, role of women, initial problems of entrepreneurs in family business and family business management in India.
Authors and Affiliations
R. Vani
Keywords
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