Family Business Foundations
From Idea to Entity with Effective Growth Strategies
What you'll learn
- Understand family business concepts
- Learn about business structure
- Analyze challenges and opportunities
- Master planning strategies
- Develop a future vision
- Manage business continuity
About this course
Establishing a family business presents a unique challenge that requires a deep understanding of family dynamics and business. In this course, you will learn critical strategies for building a successful venture that integrates work and family. You will discover how to align family vision and values in decision-making, manage family relationships, and resolve conflicts. You will also explore how to create a strategic growth plan and provide succession planning to ensure business continuity across generations. You will gain financial tools to manage finances and risks effectively. With this course, you will have the confidence and knowledge to build a successful and sustainable family business that achieves lasting success and balance between work and family life.
Expected outcomes
- Ability to establish an organized and sustainable family business.
- Effectively manage challenges faced by different generations.
- Create a strategic plan to ensure business continuity and growth.
- Understand how to create an organizational structure that supports family business continuity.
- Develop leadership and management skills to ensure family business success across generations.
Course content
1Family Business
18 lectures
- Course Introduction2:17
- Introduction to Family Business Elements4:55
- Concept and Elements of Family Business5:03
- Characteristics of Family Business10:12
- Forbes Report on the Top 5 Family Businesses5:05
- Introduction to Family Business Structure2:15
- Family Business Structure10:33
- First Generation Challenges9:59
- First Generation Opportunities4:37
- Second Generation Challenges6:57
- Opportunities of the Second Generation2:59
- Introduction to Business Establishment Stage3:57
- Effective Idea for a Sustainable Business19:45
- Company Description: Vision, Mission, and Values9:50
- Target Audience14:00
- Introduction to Strategic Planning5:13
- Partnership10:00
- Strategic Management12:57
Instructor
Dr. Mohamed Shaaban
