Family business planning has traditionally centered on two issues -
estate planning and succession. These goals are far too limited for
today's family firm. Business families want to turn the business into
not only a tool for profit, but for self-expression, innovation and
legacy. The authors introduce the new concept of the Parallel Planning
Process, explaining how to integrate the needs and expectations of the
family and business systems in order to create an organic and
entrepreneurial unit. Planning and decision making templates are
included as well as studies of well-known family businesses.