How Long to Read Factors That Affect Succession in African-American Family-Owned Business

How Long Does it Take to Read Factors That Affect Succession in African-American Family-Owned Business?

It takes the average reader 2 hours and 23 minutes to read Factors That Affect Succession in African-American Family-Owned Business by Charles W. Hunt

Assuming a reading speed of 250 words per minute. Learn more

Description

A great deal of literature confirms the fact that small family-owned businesses rarely extend beyond the founder of the business. This study explored and identified factors that helped to create a successful family business transition for two African American family-owned businesses in the San Antonio area. One family experienced working through a well thought-out succession plan that successfully passed the mantel from one generation to the next, while the other family experienced going through an unexpected, unplanned business succession that was also successful. Understanding the factors that help create a successful family business transition is difficult because there is very little scholarly research that has an in-depth focus on the African American family business. The research design used was a Phenomenological Qualitative Historical Case Study. The findings revealed that both families' success may be attributed to factors such as being raised by both of their parents and being taught family values, hard work, responsibility, and accountability. Self-preservation, the first law of nature, was taught to make them aware of the importance of taking care of self first, so they could take care of others. As children, they watched their parents at work, which gave them the opportunity to shape and mold their own work ethic with a strong family influence. Most of the children in both families were socialized into the family business and never worked elsewhere. Both families were very active in church and made the church the center of their social life. All of the family members had mentors and/or role models as a child, at school, and at work. The researcher concludes that it is important to note a plan for succession should consist of three elements, all of which must precede the actual succession by a few months. A plan for succession occurred in one case; however, in the second case, it occurred several months after succession took place.

How long is Factors That Affect Succession in African-American Family-Owned Business?

Factors That Affect Succession in African-American Family-Owned Business by Charles W. Hunt is 142 pages long, and a total of 35,784 words.

This makes it 48% the length of the average book. It also has 44% more words than the average book.

How Long Does it Take to Read Factors That Affect Succession in African-American Family-Owned Business Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 15 minutes to read Factors That Affect Succession in African-American Family-Owned Business aloud.

What Reading Level is Factors That Affect Succession in African-American Family-Owned Business?

Factors That Affect Succession in African-American Family-Owned Business is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Factors That Affect Succession in African-American Family-Owned Business?

Factors That Affect Succession in African-American Family-Owned Business by Charles W. Hunt is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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