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Family businesses represent a unique and often highly successful business model. They are founded on values such as trust, loyalty, responsibility and long-term commitment. However, to thrive and grow, family businesses face many challenges. It is precisely to help family businesses overcome these challenges that this book has been written. Drawing on best practices from the world's most successful family firms, readers will discover practical advice and innovative strategies for building and developing their own family business. Through inspiring case studies and testimonials from successful entrepreneurs, readers will learn how to define a vision for the business, professionalize management and prepare for succession. They will also discover the importance of corporate culture, social responsibility and employee commitment to the long-term success of the family business.