Family Business By Ernesto Poza

Basically, Bob did well in establishing advisory board, including CEO, COO, and financial expertise and Marketing expertise, who have the family-owned background or service industry background. Also, there was one female member who would be able to help the company better understand the female customers or help the female family member to involve in the family business. With the development of company, Bob added new members to the board according to the business needs. This is another good point.

This essay, The Myth of the Model American Family, is a discussion of the concept of an ideal family in the different perspective specifically social, cultural and economic. This is also an attempt to identify the structural changes in relation to the global development and the international economic crisis that immensely created impact on their lives. However, the discussion will limit itself on the different identifiable and observable transformations as manifested in the lifestyles, interrelationships and views of family members and will not seek to provide an assessment of their psycho-social and individual perceptions.

There are many ways that the idea of the “traditional” family has changed over the past several centuries. For instance prior to the 19th century family was often considered anyone who lived within a household whether related by blood or not. This included employees and extended family. “The biological family was less sacrosanct, and less sentimentalized, than it would become in the nineteenth century.” (Coontz 35) In society at the time it was socially unacceptable to be separate and not included as part of a family household. Over time the term family came to encompass the immediate family, a husband, wife and their children. During the late 1800’s through the mid 1900’s there were emerging ideas of family that were not widely accepted as traditional or normal, these included single parent homes with only a Mom or Dad, Stepfamilies and

The theme of the poem “Family Ties” is disconnection from the land. Jimmy Santiago Baca was from the Mexican and Apache heritage. He lived in New Mexico and was abandoned by his parents. At the age of 13 he ran away from home. Baca was in prison for 5 years and that’s where he accomplished reading and writing poetry. He published his first poems while he was in prision. Baca was abandoned from the people he loved by death or parting, which caused him to become violent and bitter in his teen years. Literature for Baca, were the seeds he would plant to grow roots in a land that was always discriminated against, ignored, and rejected, not just Baca but the Mexican and other Latino immigrants, African Americans, Asian Americans, as well as many

Over the course of the last sixty years, family values have consistently continued to change. With a heavier influx of women entering the work force and the social emphasis of individualism, the traditional family image has changed, and with

These three main factors are dependent on each other, and we are missing one part of them, we will find a hard time to be a successful family. The parallels I can draw from these points are, if we are close to each other, we will trust and support each other, and when we start to support each other to overcome the obstacles in life, we will be happier together as a family. That was just one example of many how they are dependent on each other. Something to notice, is this is my perspective from what a successful family is, for me, a successful family is not how much income the family have. However, for me it is about how the family is still together and cannot be separated no matter the obstacles are. In Garo Soto’s story, the kid is just nine years old so he is not knowledgeable about how the real world works, so when he said: "I tried to convince them that if we improved the way we looked we might get along better in life" (30), he was not really knowledgeable about that it did not matter how they looked or how they behave, as long as they have each other, they will be fine. Even though he always came up with ideas that his mother rejected, she never stopped him to work, and she always showed him her support to try maintain a familiar

Forming a business entity requires a great deal of knowledge before any decision is made. There are advantages and disadvantages to each entity and without proper understanding of what they are, individuals could make costly errors and forfeit crucial perks that would be in the businesses best interest. In the situation in New State, Alex, Bill, Carl, and Devon have inherited their father’s operating organic farm and seek advice, in regards to which form of business organization would best fit their particular criteria. They have emphasized their immediate concerns, wants and needs from a business standpoint, but also stress their strong faith to uphold and operate in accordance with the Christian worldview. Their criteria is as follows, (1) create an entity which averts formalities or complexities, (2) develop a structure allowing cousin Xavier to handle the day-to-day, (3) minimize taxes on the entity, (4) avoid any personal liability, (4) keep business in the family only, (5) remain in accordance with the Christian worldview, (which will be the final topic in this discussion). After reviewing all criteria, it will be advised that forming a limited liability company (LLC) and electing for an S corporation status would be of best interest for the family. Discussed below, is the strengths and weaknesses of each form of business organization as it applies to their unique situation, to help better understand why an LLC/S corporation, is the best form of

To begin, the family unit played a huge role in the formation of the American identity. After all, “We the People” are what made up and are ever shaping the American identity. One of the simplest ways this happens is through a family. A family is a cornerstone on which everyone builds their identity. Culture is passed down through parents as they teach their children the trade of their family. Trade in its simplest form refers to a job, while on a more dynamic level it is morals. Carrying on a family trade job displays a strong tie to family identity. While morals play a bigger role in what seems to be the background. Morals passed down from parents to children create a common foundation on which they will build their family. This in its self was a major catalyst in the formation of the American identity.

Family is a primary agent because parents are the only adults the children are in contact with the most throughout most of their lives. Also in some cases, the family’s wealth determines the child’s job opportunities and child’s career choice. (Barkan 2012, p. 121)

The immediate issue is to make a decision on the future of the family company.

The organisation is family owned, with three family members acting as a Management Board and responsible for approving all business decisions.

This paper will discuss the differences between families from the 1960’s and the families of today. There are many differences between the different times. I have focused on the parentage portion of the families. I explained what the ideal family is and how it is different today. I’ve also included ways that will help these families of today become stronger as a family.

The percentage of stay at homes moms increased by 23 percent from 2008 to 2011, and by 2011 approximately 20 percent of the stay at home moms were part of the low income community. In the current economy, several of these stay at home moms seek to run at home business in order to supplement their household income, but even if they have a complete desire to succeed, they lack the needed education in order to run a successful business (Cohn & Caumont, 2014). According to (Greenstreet) there are several reasons why businesses fail and most of the reasons are due to the fact the business owners don’t have the essential business knowledge that is needed in order to run a business. Most of the knowledge that I needed is made up of simple business management principals which college students learn during their business management and MBA programs. However, most stay at home moms in low income areas don’t have a college education and cannot afford to send their kids to college much less go to college themselves (Dosomething.org).

While family is important there is great importance placed on individual accomplishments. This is also highlighted in political and economic traditions of the United States, where the pursuit of self-interest leads to economic success and is better for the individual and society as a whole.

Those days have since past. As women are achieving higher levels of education and are being employed in more prominent positions, their leadership roles in family organizations have increased. Many young women are refusing to accept the rule of "primogeniture" (Nelton, 1999). Primogeniture is defined as a birthright or an inheritance. Although women are making great strides in this arena, there is still the feeling out there that the son should be considered first and the daughter as a second option, only if there is no son or if the son declines the offer. But, Nelton says that, "young women by and large feel that if they want to go into the family business, the opportunity is there." In each of the cases described by Nelton, the fathers encouraged their daughters to become involved in the family business. As well, each father let his daughter run the show once she was named CEO-the surest sign of support (Nelton, 1999). In more and more families and in business in general, gender is becoming not an issue. As roles increasingly change on the home front, the business world will soon mirror the changes taking place in the family structure. Nelton also urges women in leadership roles to not lose sight of the bottom line. She says it is "easy for women to get caught up in the management of people" (Nelton, 1999). She goes on to say that if you cannot prove that you are also profit-driven, you will never make it to the successor level.