PT  - JOURNAL ARTICLE
AU  - Gary Brooks
TI  - Restructuring the Family Business
AID  - 10.3905/jpe.2002.320021
DP  - 2002 Aug 31
TA  - The Journal of Private Equity
PG  - 32--37
VI  - 5
IP  - 4
4099  - https://pm-research.com/content/5/4/32.short
4100  - https://pm-research.com/content/5/4/32.full
AB  - A failed family business leaves a complex trail of impacts beyond the simple loss of wealth. Personal failure, reduced self-confidence and self-respect, lower stature within the family and the community, imposed changes in quality of life, and more, are all questions that must be raised when involved in the turnaround of a family business. A framework is developed and four examples are discussed to illustrate what must be considered when family businesses require rebirth.