Although the term "family businesses" may bring to mind mom-and-pop shops, family-owned businesses are the most significant and numerous worldwide. However, paradoxically, there are not many reference works that provide solutions to the unique challenges one faces when sharing responsibilities as well as family moments with others.

In this handbook, family business experts Josh Baron and Rob Lachenauer offer practical advice and well-documented guidance, drawing from their experience with family businesses of all sizes across the globe.

Specifically, in the Family Business Handbook, you will find:

• Factors that contribute to success or failure.
• A framework to help make joint decisions.
• Step-by-step guidance for managing change within the family business.
• Wealth-related issues you cannot ignore.
• Criteria to assess where you are and where you want to go.
• Real stories of family businesses.
• Summaries at the end of each chapter to help you apply what you have learned.