The majority of small businesses are owned by a single individual. An additional pool is family owned or controlled. The balance usually involves friends or relatives that are passive in ownership. These forms of ownership create some interesting shareholder dynamics and if not thought out, can create some legal and financial issues in small business when a life changing event occurs.
Dynamics of Business
Every industry has its own set of dynamics. What works in one doesn’t stand a chance in others. Learn about identifying the dynamics of your business and using this information to your advantage.