11. Factors that lead the companies for
a family business
• Success planning
• Informality
• Emotions
• Training
• Exit strategy
• Vision
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12. 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
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13. Differences in family constitution
• Different takes on women representation
• Different voting rights in different firms
• Way of operating of family council is
different
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14. Different types of shares
• Non voting ordinary rights
• Preference shares
• Preference shares which are redeemable
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