SlideShare uma empresa Scribd logo
1 de 18
Family Business
Presented by: Akshay
Bansal, Chetan Khandelwal &
Amir Malik
1IIPM
Introduction
• One or more members/families
• Garner more than 20% of the
voting rights
• Brothers and sisters
• Ideas & commitment
2IIPM
Family business documents
Articles of Association
Shareholder’s
agreement
Distribution policies
3IIPM
Advantages
• Costs less • Own boss • Confidentiality
4IIPM
Disadvantages
• Break relationship
• Pressures & overloads
• Discrimination between
employees and family
5IIPM
6IIPM
Comprehensive plan
7IIPM
Three circle model of Family
Business
Family
1
6
3
7
5
2
Business
Ownership
4
8IIPM
Steps of drafting a family
constitution
9IIPM
Steps of drafting a family
constitution
10IIPM
Factors that lead the companies for
a family business
• Success planning
• Informality
• Emotions
• Training
• Exit strategy
• Vision
11IIPM
Similarities in family constitution
• Conflict resolution strategies are decided
• Voting rights and family representation is
decided
• Business make a family council which
decides the ways of staying together
12IIPM
Differences in family constitution
• Different takes on women representation
• Different voting rights in different firms
• Way of operating of family council is
different
13IIPM
Different types of shares
• Non voting ordinary rights
• Preference shares
• Preference shares which are redeemable
14IIPM
Reliance
• Dhirubhai Ambani’s death
• Conflicts
• Business separation
15IIPM
Escorts
• Diversify into telecom and
healthcare
• Policies forced to sell telecom
• Healthcare – Fortis
16IIPM
Conclusion
• Conflicts
• Understanding
• Reliable professionals
17IIPM
Thank You
18IIPM

Mais conteúdo relacionado

Mais procurados

2015-11-4_WSU_Defining a Corporate Structure for a Startup Company
2015-11-4_WSU_Defining a Corporate Structure for a Startup Company2015-11-4_WSU_Defining a Corporate Structure for a Startup Company
2015-11-4_WSU_Defining a Corporate Structure for a Startup CompanyGary M. Myles, Ph.D.
 
2020 Developments in Employment and Tax Laws
2020 Developments in Employment and Tax Laws2020 Developments in Employment and Tax Laws
2020 Developments in Employment and Tax LawsKylene Arnold
 
2015-11-4_WSU_Corp Structure & Formation for Start-ups
2015-11-4_WSU_Corp Structure & Formation for Start-ups2015-11-4_WSU_Corp Structure & Formation for Start-ups
2015-11-4_WSU_Corp Structure & Formation for Start-upsGary M. Myles, Ph.D.
 
The Family Business Power Point Presentation
The Family Business Power Point PresentationThe Family Business Power Point Presentation
The Family Business Power Point PresentationRonaldFilian
 
Presentation on Forms of Business Organisation
Presentation on Forms of Business OrganisationPresentation on Forms of Business Organisation
Presentation on Forms of Business OrganisationKomal Mahajan
 
2008 DREAM Initiative Establishing A NPO
2008 DREAM Initiative Establishing A NPO2008 DREAM Initiative Establishing A NPO
2008 DREAM Initiative Establishing A NPOStephanie Lindley
 
Trevor Throness - Understanding Soft Issues in Family Business Succession
Trevor Throness - Understanding Soft Issues in Family Business SuccessionTrevor Throness - Understanding Soft Issues in Family Business Succession
Trevor Throness - Understanding Soft Issues in Family Business SuccessionEstate Planning Council of Abbotsford
 
What is the business of business
What is the business of businessWhat is the business of business
What is the business of businessAnand Kumar Jha
 
Starting a nonprofit organization rev 8_31_12
Starting a nonprofit organization rev 8_31_12Starting a nonprofit organization rev 8_31_12
Starting a nonprofit organization rev 8_31_12Heather L. Carpenter
 
Family Business: Unique Challenges
Family Business:  Unique ChallengesFamily Business:  Unique Challenges
Family Business: Unique ChallengesSteve Beddor
 
NICSA Webinar | DOL Rule 101 - Part 1 of 3
NICSA Webinar | DOL Rule 101 - Part 1 of 3NICSA Webinar | DOL Rule 101 - Part 1 of 3
NICSA Webinar | DOL Rule 101 - Part 1 of 3NICSA
 
Reasons Of Family Business Failures
Reasons Of Family Business FailuresReasons Of Family Business Failures
Reasons Of Family Business Failuresevrenyuksel5113
 
Keys to Family Business Success
Keys to Family Business SuccessKeys to Family Business Success
Keys to Family Business SuccessShem Cohen
 

Mais procurados (18)

2015-11-4_WSU_Defining a Corporate Structure for a Startup Company
2015-11-4_WSU_Defining a Corporate Structure for a Startup Company2015-11-4_WSU_Defining a Corporate Structure for a Startup Company
2015-11-4_WSU_Defining a Corporate Structure for a Startup Company
 
2020 Developments in Employment and Tax Laws
2020 Developments in Employment and Tax Laws2020 Developments in Employment and Tax Laws
2020 Developments in Employment and Tax Laws
 
Governance in Family Owned Business
Governance in Family Owned BusinessGovernance in Family Owned Business
Governance in Family Owned Business
 
Family business disputes
Family business disputesFamily business disputes
Family business disputes
 
Family business
Family businessFamily business
Family business
 
2015-11-4_WSU_Corp Structure & Formation for Start-ups
2015-11-4_WSU_Corp Structure & Formation for Start-ups2015-11-4_WSU_Corp Structure & Formation for Start-ups
2015-11-4_WSU_Corp Structure & Formation for Start-ups
 
Family business
Family businessFamily business
Family business
 
The Family Business Power Point Presentation
The Family Business Power Point PresentationThe Family Business Power Point Presentation
The Family Business Power Point Presentation
 
Presentation on Forms of Business Organisation
Presentation on Forms of Business OrganisationPresentation on Forms of Business Organisation
Presentation on Forms of Business Organisation
 
2008 DREAM Initiative Establishing A NPO
2008 DREAM Initiative Establishing A NPO2008 DREAM Initiative Establishing A NPO
2008 DREAM Initiative Establishing A NPO
 
Trevor Throness - Understanding Soft Issues in Family Business Succession
Trevor Throness - Understanding Soft Issues in Family Business SuccessionTrevor Throness - Understanding Soft Issues in Family Business Succession
Trevor Throness - Understanding Soft Issues in Family Business Succession
 
Family business
Family businessFamily business
Family business
 
What is the business of business
What is the business of businessWhat is the business of business
What is the business of business
 
Starting a nonprofit organization rev 8_31_12
Starting a nonprofit organization rev 8_31_12Starting a nonprofit organization rev 8_31_12
Starting a nonprofit organization rev 8_31_12
 
Family Business: Unique Challenges
Family Business:  Unique ChallengesFamily Business:  Unique Challenges
Family Business: Unique Challenges
 
NICSA Webinar | DOL Rule 101 - Part 1 of 3
NICSA Webinar | DOL Rule 101 - Part 1 of 3NICSA Webinar | DOL Rule 101 - Part 1 of 3
NICSA Webinar | DOL Rule 101 - Part 1 of 3
 
Reasons Of Family Business Failures
Reasons Of Family Business FailuresReasons Of Family Business Failures
Reasons Of Family Business Failures
 
Keys to Family Business Success
Keys to Family Business SuccessKeys to Family Business Success
Keys to Family Business Success
 

Semelhante a Family business (1)

Managing family own business
Managing  family   own    businessManaging  family   own    business
Managing family own businessAditya Mehta
 
Organisation structure of small scale industries in india
Organisation structure of small scale industries in indiaOrganisation structure of small scale industries in india
Organisation structure of small scale industries in indiadeepu2000
 
Legal Shield DM Presentation USA
Legal Shield DM Presentation USALegal Shield DM Presentation USA
Legal Shield DM Presentation USAFrederick L. Butler
 
DM Presentation USA
DM Presentation USADM Presentation USA
DM Presentation USASharon Larry
 
Starting a Business - Important Consideration for Success_Final.pptx
Starting a Business - Important Consideration for Success_Final.pptxStarting a Business - Important Consideration for Success_Final.pptx
Starting a Business - Important Consideration for Success_Final.pptxCanadaPrakash
 
Forms of business organisations
Forms of business organisationsForms of business organisations
Forms of business organisationsdeepu2000
 
family business and succession
family business and successionfamily business and succession
family business and successionMussaomary
 
Ei 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownershipEi 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownershipAnuradha Singhai
 
Types of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIALTypes of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIALsom mahato
 
Family business succession & growth
Family business succession & growthFamily business succession & growth
Family business succession & growthRikitacjdd
 
Forms of business organisation
Forms of business organisationForms of business organisation
Forms of business organisationNi234
 
FAMILY & BUSINESS SUCCESSION PLANNING
 FAMILY & BUSINESS SUCCESSION PLANNING FAMILY & BUSINESS SUCCESSION PLANNING
FAMILY & BUSINESS SUCCESSION PLANNINGNewport Board Group
 
Business Succession Planning
Business Succession PlanningBusiness Succession Planning
Business Succession PlanningVan Richards
 
Business Break-ups
Business Break-upsBusiness Break-ups
Business Break-upsSibraWebDev
 
Shared services for collaborative working
Shared services for collaborative workingShared services for collaborative working
Shared services for collaborative workingwalescva
 

Semelhante a Family business (1) (20)

Managing family own business
Managing  family   own    businessManaging  family   own    business
Managing family own business
 
Organisation structure of small scale industries in india
Organisation structure of small scale industries in indiaOrganisation structure of small scale industries in india
Organisation structure of small scale industries in india
 
Adelaide forum nov 2014
Adelaide forum nov 2014Adelaide forum nov 2014
Adelaide forum nov 2014
 
Forms of business organization
Forms of business organizationForms of business organization
Forms of business organization
 
Legal Shield DM Presentation USA
Legal Shield DM Presentation USALegal Shield DM Presentation USA
Legal Shield DM Presentation USA
 
DM Presentation USA
DM Presentation USADM Presentation USA
DM Presentation USA
 
Starting a Business - Important Consideration for Success_Final.pptx
Starting a Business - Important Consideration for Success_Final.pptxStarting a Business - Important Consideration for Success_Final.pptx
Starting a Business - Important Consideration for Success_Final.pptx
 
Forms of business organisations
Forms of business organisationsForms of business organisations
Forms of business organisations
 
Characteristics of a Family Business
Characteristics of a Family BusinessCharacteristics of a Family Business
Characteristics of a Family Business
 
family business and succession
family business and successionfamily business and succession
family business and succession
 
Ei 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownershipEi 3.06 a_types_of_business_ownership
Ei 3.06 a_types_of_business_ownership
 
Types of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIALTypes of business_ownership, BBA STUDY MATERIAL
Types of business_ownership, BBA STUDY MATERIAL
 
Family business in india
Family business in indiaFamily business in india
Family business in india
 
Family business succession & growth
Family business succession & growthFamily business succession & growth
Family business succession & growth
 
Forms of business organisation
Forms of business organisationForms of business organisation
Forms of business organisation
 
FAMILY & BUSINESS SUCCESSION PLANNING
 FAMILY & BUSINESS SUCCESSION PLANNING FAMILY & BUSINESS SUCCESSION PLANNING
FAMILY & BUSINESS SUCCESSION PLANNING
 
Ownership, Succession and Family
Ownership, Succession and FamilyOwnership, Succession and Family
Ownership, Succession and Family
 
Business Succession Planning
Business Succession PlanningBusiness Succession Planning
Business Succession Planning
 
Business Break-ups
Business Break-upsBusiness Break-ups
Business Break-ups
 
Shared services for collaborative working
Shared services for collaborative workingShared services for collaborative working
Shared services for collaborative working
 

Último

Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 

Último (20)

Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 

Family business (1)