Questions - 1 to 32 of 32
Which BEST describes YOUR position in the business? Are you the:?
Do one or more family members own any portion of this business?
How many family members own a portion?
Which family member or members? Spouse, father, etc., NOT Fred, Ethel, etc. (Allow up to three responses.)
As a general rule, do these family member owners actively participate in CRITICAL business decisions or are they passive owners?
Are there other owners of the business who are not family members?
Do one or more family members help manage this business on a day-to-day basis?
Do one or more family members work more than 20 hours per week in this business for wages or salary whether or not in a managerial capacity?
Which family member or members? Spouse, father, etc., NOT Fred, Ethel,etc. (Allow up to three responses.)
Are there family members over 18 who are unpaid, but who periodically contribute to the business by offering a special skill, filling in for someone, or other wise helping out?
Is there ONE person, inside or outside your business, that you are likely to talk to or discuss matters with before addressing a serious problem or making a critical business decision?
Is that person a family member?
Which family member?
Are you single, married, separated, divorced, or widowed?
Does your spouse also own a business, separate and distinct from this one, that employs people other than the owner or owners?
How many children age 18 or over do you have?
Does one or more of your children over 18 own a business, separate and distinct from this one, that employs people other than the owner or owners?
How many of your children age 18 or over own such a business?
How many living brothers and sisters do you have?
Do one or more of your brothers and sisters now own a business, separate and distinct from this one, that employs people other than the owner or owners?
How many of your brothers and sisters own such a business?
Are both of your parents surviving, just one, or neither of them?
Does [either/your parent] own a business, separate and distinct from this one, that employs people other than the owner or owners?
Would you like one or more of your family members to eventually take over and operate this business?
Do you think it is very likely, likely, unlikely or very unlikely that one or more family members actually will?
Do you plan to transfer ownership of this business to one or more of your family members within the next five years?
Did you start this business, purchase it, inherit it, or were you an employee brought into ownership?
Did you go into business yourself, with a family member, or with a non-family member?
Do you believe that working with family members in this business has:?
Would you consider consulting a banker about business succession planning?
Volume 2, Issue 6, 2002 ISSN - 1534-8326
William J. Dennis, Jr. NFIB Research Foundation