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Sink or Swim: How Lessons from the Titanic Can Save Your Family Business

Priscilla M. Cale, David C. Tate




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 | #2372697 in eBooks |  2011-09-22 |  2011-09-22 | File type: PDF

||2 of 2 people found the following review helpful.| Outstanding book for anyone involved with a family business.|By Terry Field|Extremely well-written, insightful, clearly organized and chock full of essential information, "Sink or Swim" is the navigational chart for keeping family businesses steered away from inherent dangers and running smoothly toward business success.

As an owner/manager dealing with the challenge| |"Cale & Tate's comparison of family business and the sinking of the Titanic is right on in my opinion.... This wonderful book helps to coach families on how to stay focused on the right things to ensure the business's long term success

Family-owned businesses are the backbone of the U.S. economy, responsible for 65 percent of wages paid, adding 78 percent of all new jobs, and contributing over half of the nation's GDP. Unfortunately, less than one-third survive the transition from first to second generation of family ownership.

Now more than ever, many family businesses are in danger of going under as rising health care costs, lack of access to capital, and increasing costs of doing bus...

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