Kategori: Artikel

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari Family Ownership Competence refers to the knowledge, skills, and abilities required by family business members to effectively contribute to the management and ownership of a family enterprise. It is crucial for the success and continuity of family businesses and helps to develop a shared vision, family cohesion,…

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari Family businesses are unique, as they integrate family relationships and business operations into a cohesive whole. While this hybrid model can provide unique advantages, it also creates complex challenges that require specialized knowledge and skills. One of the critical factors for the success of a family business…

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari In a family business, competent owners are critical to achieving long-term success. Owners play a vital role in shaping the direction and financial goals of the company. Whether it’s creating shareholder agreements, managing large acquisitions, or deciding on the sale of the business, ownership decisions have a…

By: Dhania Puspa Purbasari The concept of supply and demand is the basis of microeconomics and is used to explain how the price and quantity of goods or services traded in a market are determined by the interaction between sellers (supply) and buyers (demand). The following are the key concepts in supply and demand: 1.…

By: Dhania Puspa Purbasari The sales of a product can be influenced by a wide range of factors, and understanding these factors is crucial for businesses to develop effective sales strategies. Here are some of the key factors that can affect the sales of a product: Product Quality and Features: The quality and features of…

By: Dhania Puspa Purbasari Sales is the process of selling products or services to customers in exchange for money or other forms of compensation. It is a fundamental aspect of business and commerce and is crucial for generating revenue and sustaining a company’s operations. The primary goal of sales is to persuade potential customers to…

By: Tony Chen,M.M Editor: Dhania Puspa Purbasari The owner role is vital in family businesses as they make critical decisions for the enterprise’s success. These decisions include creating shareholder agreements, managing large acquisitions, debt, sale of the business, prenuptial agreements, and many others. The owners provide the overall direction and financial goals for the company,…

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari Culture plays a crucial role in the success and sustainability of family businesses. It is the guiding force that motivates and inspires the owners, leaders, and employees to work towards a shared vision, uphold the company’s values, and foster a strong sense of identity and belonging. In…

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari In a family business, the owners are not merely individuals invested in a company. Instead, they are part of a broader family system that faces unique challenges compared to non-family businesses. To successfully navigate these challenges, it is essential to develop a family enterprise owner’s mindset. This…

By: Tony Chen, M.M Editor: Dhania Puspa Purbasari A company’s culture plays a significant role in determining its success and sustainability. For family businesses, it is essential to maintain the culture across generations to ensure continuity, harmony, and growth. In this article, we will discuss the importance of making culture a competitive advantage and how…