Chinese family business how to develop and extend.docVIP

 PAGE \* MERGEFORMAT 5 Chinese family business how to develop and extend Growing Pains In China, about family business, everyone will think of backward management, nepotism and other negative phenomena, so the majority of Chinese family businesses do not want to be called a family business, there are some companies trying to remove the top from in form that hat is not glory. In fact, more than half of the world’s enterprises are family businesses, and over ninety percent of the businesses are family-owned business in the creation of the initial structure. Now, in Europe, America, Japan, including China, family businesses total number of enterprises occupied the lion’s share. However, compared to China, Europe and the United States and Japan and other developed countries, the market performance of family businesses more successful, more than non-family business. In Germany, the United States and other countries, the family business, and even a major force in supporting the national economy. The success of our well-known companies such as Wal-Mart, Samsung, Siemens, Motorola, Ford, Mercedes-Benz, BMW, Porsche, Bertelsmann, are all family businesses, they have already lasted more than four generations or five generations, after a few test of the market and the passage of a century and remains vibrant.’s longest business is King Kong Japanese construction company group. this historic family business from generation to generation, Li has been 40 generations, 1,400 years of history. Family enterprises are more successful, mainly because the early development of lower cost, the centripetal force strong, flexible, market responsive, in the event of difficult times, the resilience of family business is extremely strong. Therefore, it can take full advantage of market opportunities against the risks, the rapid rise of the enterprise. However, compared to Western countries, or neighboring Japan, Korea, China, the development of family business was a lot less, “th