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One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations.
When done well, a program of family education offers many benefits including:
* helping future owners prepare for their roles and responsibilities in the business and in the family
* providing a way to express interest in each individual
* providing a way to earn loyalty from family members;
* strengthening bonds among family members.
In Family Education the authors aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.