Management of Family Business

The subject emphasizes the exceptional position of family businesses that are largely involved in GDP and employment. The issue of this type of business is wider and more complex than non-family businesses. The aim of the subject is to combine and supplement the knowledge from other economic and managerial subjects to create a comprehensive overview of the activities of the manager and the owner of the family business with a focus on its specifics. The student will be able to orientate in their requirements in the areas of business start-up, the course of business, can consider the most suitable way of terminating entrepreneurial activity. It emphasizes the position of the family business and the related issues of the role and responsibilities of the owners, the family management model, incl. rules and documents, involvement of non-family members in management, preparation of a successful transfer of an enterprise to the next generation, balancing the family and enterprise interconnection, managing the family business of natural persons and legal entities from an administrative point of view, in terms of establishment, financing and planning from the point of view of the business / family.