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Abstract

Recently there has been an increase in research focusing on family owned businesses. This research has focused on defining the family firm, what differentiates it from other businesses, and the importance of planning for succession. Informed by the research, this paper explores one small family-owned-and-operated wholesale plumbing business in the Midwest. Three family members were interviewed in order to understand how they came to work in the family business, how the family is viewed within the company, and how they plan for succession. The results indicate that planning for succession is difficult for family businesses, yet crucial to their survival and to carrying on the vision of the owning family.

Journal Title

Iowa Journal of Communication

Volume

41

Issue

2

First Page

241

Last Page

252

Language

en

File Format

application/pdf

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