A paper researching the profitability of firms owned by the family.
Written in 2009; 5,081 words; 12 sources; APA; $ 127.95
Paper Summary:
The paper presents the thesis that family-owned firms in France and throughout the world are more profitable than other business firms. The paper provides an extensive literature review to determine the profitability of these businesses as compared to widely held or publicly owned businesses. The paper concludes with the finding that family-owned businesses are overall more profitable that non-family owned businesses.
Outline:
Statement of Thesis
Introduction
Purpose of This Study
Methodology
Literature Review
Findings
From the Paper:
"The Work of Kamran Farid entitled: "Being a Family-Owned Company Can Be A Competitive Advantage", states that there are advantages as well as disadvantages to "creating and running a family-owned business" however a loyal team and a focused owner/manager has the potential in the form of a family-owned business to "offer advantages that make it strong and successful while instilling loyalty and business passion in all who become part of the company." (Farid, 2006) This case study reports a family-owned business by the name of 'Edible Arrangements' which began in 1999 with the stated goal of creating "an international business of hand-sculpted fresh fruit bouquets."(Farid, 2006)"
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