Globe Law and Business specialises in producing practical, topical titles for international legal and business professionals

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<li> <a href="https://store.nbninternational.com/checkout/175" class="btn-order" target="_blank">Your basket</a> </li> </ul> </div> </div> </header> <div class="content-outline"> <span id="digitalModalContainer"></span> <span id="gloModalContainer"></span> <div class="book-title"> <h1 style="color: #293e6b;" > Special Reports - Life Cycle of a Family Business </h1> <div class="js-discount-message-container special-text-wrapper "> <div class="special-text" style="color:#293e6b; font-weight:bold;"> Secure 40% discount today. Enter 'SALE2025' at the checkout </div> </div> </div> <div class="container tbl-home page book-page"> <div class="main-content"> <hr> <div class="modal fade" id="viewSampleModal" tabindex="-1" role="dialog" aria-labelledby="viewSampleModalLabel" aria-hidden="true"> <div class="modal-dialog modal-mdmd" role="document"> <div class="modal-content"> <div class="modal-header"> <h5 class="modal-title" id="viewSampleModalLabel" style="display:inline-block;"> View sample chapter </h5> <button type="button" class="close" data-dismiss="modal" aria-label="Close"> <span aria-hidden="true">×</span> </button> </div> <div class="modal-body js-view-sample-form-container"> <p> Simply complete the fields below, and your complimentary sample chapter will be delivered straight to your inbox. If it doesn't arrive within the hour, please check your junk email box. For further help, please contact <script>safemail('jo','globelawandbusiness.com', 'Jo Skillicorn')</script>. </p> <div> <div class="form-group has-feedback required"> <label>Name</label> <input type="text" name="name" class="form-control js-view-sample-name" value=""> </div> <div class="form-group has-feedback required"> <label>Email</label> <input type="email" name="email" class="form-control js-view-sample-email" value=""> </div> </div> </div> <div class="modal-body js-view-sample-form-container-success hidden"> Thank you. <br> Your sample chapter should arrive in your email inbox very shortly. 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href="https://www.globelawandbusiness.com/ms-item/life-cycle-of-a-family-business/content" target="_blank" style="color: #293e6b;">View table of contents</a> </nav> <div class="modal fade" id="orderFormModal" tabindex="-1" role="dialog" aria-labelledby="orderFormModalLabel" aria-hidden="true"> <div class="modal-dialog modal-mdmd" role="document"> <div class="modal-content"> <div class="modal-header"> <h5 class="modal-title" id="orderFormModalLabel" style="display:inline-block;"> Order Form </h5> <button type="button" class="close" data-dismiss="modal" aria-label="Close"> <span aria-hidden="true">×</span> </button> </div> <div class="modal-body js-order-form-container"> <p> Please complete the fields below, and we will be in touch to arrange your access. </p> <div id="glo-form-container"> <div class="form-group has-feedback"> <label for="inputForename">Forename</label> <input id="inputForename" type="text" name="forename" class="form-control js-order-form-forename" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputSurname">Surname</label> <input id="inputSurname" type="text" name="surname" class="form-control js-order-form-surname" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputFirmName">Firm Name</label> <input id="inputFirmName" type="text" name="firm_name" class="form-control js-order-form-firm_name" maxlength="64" value=""> </div> <div class="form-group has-feedback"> <label for="inputJobTitle">Job Title</label> <input id="inputJobTitle" type="text" name="job_title" class="form-control js-order-form-job_title" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputDirectDeal">Direct Dial</label> <input id="inputDirectDeal" type="text" name="direct_deal" class="form-control js-order-form-direct_deal" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputEmail">Email address</label> <input id="inputEmail" type="email" name="email" class="form-control js-order-form-email" maxlength="254" value=""> <label class="checkbox-inline" style="margin-top:6px;"> <input type="checkbox" name="consent" class="js-order-form-consent"> Keep me updated with news and personalised offers </label> </div> <div class="form-group has-feedback"> <label for="inputAddressLine1">Address line 1</label> <input id="inputAddressLine1" type="text" name="address_line_1" class="form-control js-order-form-address_line_1" maxlength="64" value=""> </div> <div class="form-group has-feedback"> <label for="inputAddressLine2">Address line 2</label> <input id="inputAddressLine2" type="text" name="address_line_2" class="form-control js-order-form-address_line_2" maxlength="64" value=""> </div> <div class="form-group has-feedback"> <label for="inputAddressLine3">Address line 3</label> <input id="inputAddressLine3" type="text" name="address_line_3" class="form-control js-order-form-address_line_3" maxlength="64" value=""> </div> <div class="form-group has-feedback"> <label for="inputCity">City</label> <input id="inputCity" type="text" name="city" class="form-control js-order-form-city" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputRegion">Region</label> <input id="inputRegion" type="text" name="region" class="form-control js-order-form-region" maxlength="32" value=""> </div> <div class="form-group has-feedback"> <label for="inputPostalCode">Postal Code</label> <input id="inputPostalCode" type="text" name="postal_code" class="form-control js-order-form-postal_code" maxlength="16" value=""> </div> <div class="form-group has-feedback"> <label for="inputCountryId">Country</label> <select id="inputCountryId" name="country_id" class="form-control js-order-form-country_id"> <option value="">Select Country</option> <option value="1" >Afghanistan</option> <option value="2" >Albania</option> <option value="3" >Algeria</option> <option value="4" >American Samoa</option> <option value="5" >Andorra</option> <option value="6" >Angola</option> <option value="7" >Anguilla</option> <option value="8" >Antarctica</option> <option value="9" >Antigua and Barbuda</option> <option value="10" >Argentina</option> <option value="11" >Armenia</option> <option value="12" >Aruba</option> <option value="13" >Australia</option> <option value="14" >Austria</option> <option value="15" >Azerbaijan</option> <option value="16" >Bahamas</option> <option value="17" >Bahrain</option> <option value="18" >Bangladesh</option> <option value="19" >Barbados</option> <option value="20" >Belarus</option> <option value="21" >Belgium</option> <option value="22" >Belize</option> <option value="23" >Benin</option> <option value="24" >Bermuda</option> <option value="25" >Bhutan</option> <option value="26" >Bolivia</option> <option value="27" >Bosnia and Herzegovina</option> <option value="28" >Botswana</option> <option value="29" >Bouvet Island</option> <option value="30" >Brazil</option> <option value="31" >British Indian Ocean Territory</option> <option value="32" >Brunei Darussalam</option> <option value="33" >Bulgaria</option> <option value="34" >Burkina Faso</option> <option value="35" >Burundi</option> <option value="36" >Cambodia</option> <option value="37" >Cameroon</option> <option value="38" >Canada</option> <option value="39" >Cape Verde</option> <option value="40" >Cayman Islands</option> <option value="41" >Central African Republic</option> <option value="42" >Chad</option> <option value="43" >Chile</option> <option value="44" >China</option> <option value="45" >Christmas Island</option> <option value="46" >Cocos (Keeling) Islands</option> <option value="47" >Colombia</option> <option value="48" >Comoros</option> <option value="49" >Congo</option> <option value="50" >Cook Islands</option> <option value="51" >Costa Rica</option> <option value="52" >Croatia (Hrvatska)</option> <option value="53" >Cuba</option> <option value="54" >Cyprus</option> <option value="55" >Czech Republic</option> <option value="56" >Denmark</option> <option value="57" >Djibouti</option> <option value="58" >Dominica</option> <option value="59" >Dominican Republic</option> <option value="60" >East Timor</option> <option value="61" >Ecuador</option> <option value="62" >Egypt</option> <option value="63" >El Salvador</option> <option value="64" >Equatorial Guinea</option> <option value="65" >Eritrea</option> <option value="66" >Estonia</option> <option value="67" >Ethiopia</option> <option value="68" >Falkland Islands (Malvinas)</option> <option value="69" >Faroe Islands</option> <option value="70" >Fiji</option> <option value="71" >Finland</option> <option value="72" >France</option> <option value="73" >France, Metropolitan</option> <option value="74" >French Guiana</option> <option value="75" >French Polynesia</option> <option value="76" >French Southern Territories</option> <option value="77" >Gabon</option> <option value="78" >Gambia</option> <option value="79" >Georgia</option> <option value="80" >Germany</option> <option value="81" >Ghana</option> <option value="82" >Gibraltar</option> <option value="83" >Guernsey</option> <option value="84" >Greece</option> <option value="85" >Greenland</option> <option value="86" >Grenada</option> <option value="87" >Guadeloupe</option> <option value="88" >Guam</option> <option value="89" >Guatemala</option> <option value="90" >Guinea</option> <option value="91" >Guinea-Bissau</option> <option value="92" >Guyana</option> <option value="93" >Haiti</option> <option value="94" >Heard and Mc Donald Islands</option> <option value="95" >Honduras</option> <option value="96" >Hong Kong</option> <option value="97" >Hungary</option> <option value="98" >Iceland</option> <option value="99" >India</option> <option value="100" >Isle of Man</option> <option value="101" >Indonesia</option> <option value="102" >Iran (Islamic Republic of)</option> <option value="103" >Iraq</option> <option value="104" >Ireland</option> <option value="105" >Israel</option> <option value="106" >Italy</option> <option value="107" >Ivory Coast</option> <option value="108" >Jersey</option> <option value="109" >Jamaica</option> <option value="110" >Japan</option> <option value="111" >Jordan</option> <option value="112" >Kazakhstan</option> <option value="113" >Kenya</option> <option value="114" >Kiribati</option> <option value="115" >Korea, Democratic People's Republic of</option> <option value="116" >Korea, Republic of</option> <option value="117" >Kosovo</option> <option value="118" >Kuwait</option> <option value="119" >Kyrgyzstan</option> <option value="120" >Lao People's Democratic Republic</option> <option value="121" >Latvia</option> <option value="122" >Lebanon</option> <option value="123" >Lesotho</option> <option value="124" >Liberia</option> <option value="125" >Libyan Arab Jamahiriya</option> <option value="126" >Liechtenstein</option> <option value="127" >Lithuania</option> <option value="128" 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Enter 'SALE2025' at the checkout </div> </div> </div> <div class="book-review"> <div class="top-line" style="border-color: #293e6b; color: #293e6b;">Reviews</div> <div class="review-block"> <p><em>Life Cycle of a Family Business</em> is like a wonderful Gem; nine Contributors look at Family Businesses from eight different angles and stages. Each one from the Prism of their own expertise. Together this becomes a Diamond, condensed, shining and precious.</p> <p> <span class="review-author" style="color: #293e6b;"> - Philippe J. Weil </span>, <span class="review-author" style="color: #293e6b;"> Multi Family Office Founder & Author</span> </p> <a href="https://www.globelawandbusiness.com/reviews/lcoafb-pjw-9011" class="link-read-more">Read more...</a> </div> <div class="review-block"> <p>Practitioners as well as families owning a family business will benefit from this book as it fills a prevalent vacuum in addressing and advising on vital family and business related questions, questions that are crucial to sustaining any family business…The holistic discussion and the detail with which the reader is familiarized will certainly stimulate further thought and develop a greater understanding of the workings of family businesses worldwide. As such the book is also an ideal starting point with a view to any corporate structuring for international families, both in the pre- as well as the later structuring phases.</p> <p> </p> <p> <span class="review-author" style="color: #293e6b;"> - Dr. Johanna Niegel LL.M., LL.M., TEP</span>, <span class="review-author" style="color: #293e6b;"> Head Russia & CIS Desk,聽Allgemeines Treuunternehmen (ATU)</span> </p> <a href="https://www.globelawandbusiness.com/reviews/lcoafb-djnlmlmt-5582" class="link-read-more">Read more...</a> </div> <div class="review-block"> <p>This Special Report on the <em>Life Cycle of a Family Business</em> offers vital insights for a business owner to help “keep the business in the family” while “keeping the family in the business” and the business alive, adaptive and competitive. With chapters on key phases in the business and family lifecycles, it delivers a cogent framework for designing (and continuously redesigning), managing, building and transmitting a business across multiple generations. It guides founders, their families, non-family executives and professional advisors.</p> <p> <span class="review-author" style="color: #293e6b;"> - William B Bierce</span>, <span class="review-author" style="color: #293e6b;"> Bierce & Kenerson, P.C.</span> </p> <a href="https://www.globelawandbusiness.com/reviews/lcoafb-wbb-5210" class="link-read-more">Read more...</a> </div> <div class="review-block"> <p>The book sets out a framework and best practices for identifying, separating, harmonizing and optimizing the potentially conflicting roles of the business operator, business owner and family members across predictable scenarios. It is a one-stop collection bringing together international contributors.</p> <p> <span class="review-author" style="color: #293e6b;"> - Tom Burroughes</span>, <span class="review-author" style="color: #293e6b;"> Wealth Briefing</span> </p> </div> </div> <div class="bottom-line" style="border-color: #293e6b;"></div> <div class="book-text"> <p dir="ltr">The ‘life cycle’ of a family business is a fascinating process. Beginning with the initial entrepreneur starting the business, it encompasses the development of the business to success, involvement of family members in the business, estate planning, preparation for integration of the next generation, creating a family constitution to regulate relationships among family members, and creating a family trust when appropriate. The completion of the cycle then gives the option of continuing - to potentially become one of the one-hundred-year businesses.</p> <p dir="ltr">This Special Report is a one-stop collection bringing together a distinguished team of international contributors, each an expert in their respective field with a global reputation, to cover the entire life cycle of a family business. It provides guidance on many of the key issues encountered including governance issues, protecting the family business assets, fostering entrepreneurship and succession planning. </p> <p dir="ltr"><em>Life Cycle of Family Business</em> is a unique source of knowledge for family businesses and professionals working in this specialist field. In this very readable single volume - edited by Barbara R Hauser and Alon Kaplan - those involved in family businesses can benefit from its expert guidance, at any stage of the life cycle.</p> <p dir="ltr"><strong>Key features at a glance: </strong></p> <ul dir="ltr"> <li>Structured so that readers can choose and focus on the particular stage and potential challenges they and their business are facing at one time, as well as look ahead to see next steps, covering the beginning, middle and alternate endings of family businesses </li> <li>Looks at the Continuity Canvas to provide insight into the approaches that successful business-owning families use to diagnose and plan in order to survive and thrive</li> <li>Develop an understanding of the importance of building and maintaining the emotional equity of the family, while at the same time building and strengthening the equity of the business, including the key role played by trust (and forgiveness when trust is broken) and expressions of trust, gratitude and love</li> <li>Offers five essential perspectives for designing, building, and launching a board of directors that anticipates and delivers governance capabilities that the evolving business and family will need, with practical tools to initiate and measure board development progress, methods for managing board costs in relation to value creation, and a basic design for evaluating board effectiveness</li> <li>Covers the potential risks of a divorce to a family business and the potential protections available to them - e.g. nuptial agreements, shareholders agreements, the benefits and risks of spouses being office holder or minority shareholders, and confidentiality provisions - as well as coverage of legal cases to help readers anticipate how a court is likely to deal with a family business on divorce and how best to protect family business assets in that scenario</li> <li>Reflects on the why, what and how of fostering entrepreneurial thinking and acting inside the family business, and lays out the key family and business benefits from fostering entrepreneurialism</li> <li>Contains a list of key design questions to work through to ensure a fair process is followed in succession design and to enable the owning family to arrive at a solution that is truly unique to their circumstances, as well as a checklist of key leadership attributes to assist the owning family develop their job description of the next leader or leadership team</li> <li>Understand the common dilemmas that arise in each new generation and learn how to help families prepare and anticipate new dilemmas as they grow</li> </ul> </div> <div class="footer-info show"> <p> <strong>Price: </strong> <span class="item-price"> 拢95.00 </span> </p> <p class="js-discounted-price-container "> <strong>Discounted Price:</strong> <span class="item-discounted-price"> 拢57.00 </span> </p> <p class="p-select-options"> <strong>Select format: </strong> </p> <div class="form-group btns-stack 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