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In this recent (2005) paper Jaffe, who is both an academic and consultant, starts from the standpoint that “family considerations often overwhelm the strategic realities of the business and hinder the ability to pass the business on to subsequent generations…..(and lead to) a lack of focus on the need for business renewal” (more…)

There are countless articles about family businesses varying from short reports from practitioners, based on their experience, to much longer academic articles based on research. This section will begin with some practical, pragmatic advice and end with more detailed views of academics who attempt to develop “integrated models of strategic thinking for small family businesses”. (more…)

The Department of Trade and Industry (DTI) in the UK published a paper in 2002 entitled Small Business and Government. It contained the following facts about small businesses and their importance to the UK economy. (more…)