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Engaged ownership : a guide for owners of family businesses PDF

227 Pages·2016·2.608 MB·English
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(cid:2) Additional Praise for Engaged Ownership EngagedOwnership isa succinct,fascinatingandwell-writtentreatmentofa complexsubject.Ameliabringsauniquevisiontothework;shecomesfrom afifth-generationfamilybusinessandwasatrustlawyerandfamilyadvisor before running herown family’s business for over a dozen years. She now works with familieson governanceissuesandis verymuch engagedinthe processwhichisthesubjectofthebook. JosephA.Field,OfCounsel,WithersBergmanLLP AmeliahaswrittentheessentialOwner’sManualforthefamilyenterprise. (cid:2) This book is an indispensable resource for family business owners, opera- (cid:2) tors,andshareholders,aswellasthosewhoworkwiththem. JonathanH.F.Crystal,ExecutiveVicePresident,Crystal&Company Ameliadrawsuponherpersonalandprofessionalexperiencestodemystify thecomplicatedandoft-misunderstoodrealmoffamilybusiness.Engaged Ownership is a must-read for family business owners and financial profes- sionalswhoworkwiththesefamilies. KurtMiscinski,President,HPMPartners (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) Engaged Ownership (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) Engaged Ownership AGUIDEFOROWNERSOFFAMILYBUSINESSES Amelia Renkert-Thomas (cid:2) (cid:2) (cid:2) (cid:2) Copyright©2016byAmeliaRenkert-Thomas.Allrightsreserved. PublishedbyJohnWiley&Sons,Inc.,Hoboken,NewJersey. PublishedsimultaneouslyinCanada. Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedin anyformorbyanymeans,electronic,mechanical,photocopying,recording,scanning,or otherwise,exceptaspermittedunderSection107or108ofthe1976UnitedStatesCopyright Act,withouteitherthepriorwrittenpermissionofthePublisher,orauthorizationthrough paymentoftheappropriateper-copyfeetotheCopyrightClearanceCenter,Inc.,222 RosewoodDrive,Danvers,MA01923,(978)750-8400,fax(978)646-8600,orontheWebat www.copyright.com.RequeststothePublisherforpermissionshouldbeaddressedtothe PermissionsDepartment,JohnWiley&Sons,Inc.,111RiverStreet,Hoboken,NJ07030, (201)748-6011,fax(201)748-6008,oronlineathttp://www.wiley.com/go/permissions. LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorhaveusedtheir besteffortsinpreparingthisbook,theymakenorepresentationsorwarrantieswithrespect totheaccuracyorcompletenessofthecontentsofthisbookandspecificallydisclaimany impliedwarrantiesofmerchantabilityorfitnessforaparticularpurpose.Nowarrantymaybe createdorextendedbysalesrepresentativesorwrittensalesmaterials.Theadviceand strategiescontainedhereinmaynotbesuitableforyoursituation.Youshouldconsultwitha professionalwhereappropriate.Neitherthepublishernorauthorshallbeliableforanyloss ofprofitoranyothercommercialdamages,includingbutnotlimitedtospecial,incidental, consequential,orotherdamages. Forgeneralinformationonourotherproductsandservicesorfortechnicalsupport,please (cid:2) (cid:2) contactourCustomerCareDepartmentwithintheUnitedStatesat(800)762-2974,outside theUnitedStatesat(317)572-3993orfax(317)572-4002. Wileypublishesinavarietyofprintandelectronicformatsandbyprint-on-demand.Some materialincludedwithstandardprintversionsofthisbookmaynotbeincludedine-booksor inprint-on-demand.IfthisbookreferstomediasuchasaCDorDVDthatisnotincludedin theversionyoupurchased,youmaydownloadthismaterialathttp://booksupport.wiley.com. FormoreinformationaboutWileyproducts,visitwww.wiley.com. LibraryofCongressCataloging-in-PublicationData: Names:Renkert-Thomas,Amelia,1962- Title:Engagedownership:aguideforownersoffamilybusinesses/ AmeliaRenkert-Thomas;forewordbyKennethMcCracken. Description:Hoboken:Wiley,2015.|Includesindex. Identifiers:LCCN2015036765(print)|LCCN2015041896(ebook)| ISBN9781119171133(hardback)|ISBN9781119171171(ePDF)| ISBN9781119171157(ePub)|ISBN9781119171171(pdf)|ISBN9781119171157(epub) Subjects:LCSH:Family-ownedbusinessenterprises.|Smallbusiness—Management.| BISAC:BUSINESS&ECONOMICS/SmallBusiness. Classification:LCCHD62.25.R462015(print)|LCCHD62.25(ebook)| DDC658.02/2—dc23 LCrecordavailableathttp://lccn.loc.gov/2015036765 CoverDesign:Wiley CoverImage:©751/iStockphoto PrintedintheUnitedStatesofAmerica 10987654321 (cid:2) (cid:2) ToJacob,Harry,Herman,J.Steven,Rachel,Ken,andGuy—entrepreneurs, teachers,partners. AndwithdeepestloveandthankstoJSRforteachingmethatifyoudon’t likethegame,changetheplayingfield. (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2) (cid:2)

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