Stages in the Development of Family Businesses with the Example of a Case Study

Abstract:

The aim of the study is to present the specific nature of the development of family businesses in the construction sector based on the example of a case study. The survey was based on desk research, secondary data analysis and direct interviews. The survey was focused on the owners and employers of family businesses. The study analysed the determinants of the success of the entity studied while emphasizing the role of the owner in managing a family business in order to increase the efficiency of management. It was emphasized that family businesses represent the capital with identity, taking responsibility for the future of the organization as a community.

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