Researching On QingDao TH Co.Ltd Of Family Management

Family business has already spread all over the world as a kind of general enterprise type, and its role in economic development of the world is the topic which business circles and academia pay attention to extensively. Chinese family business, which accounts for 90% of the enterprises run by the local people of our country, has got swift and violent development and been strengthened constantly since reform and opening-up, becoming the point of growth of economic development of our country. However, in the course of developing, many hindering factors have appeared in family business, and it encounters the bottleneck states of the evolution. How to make family business extricate oneself from a plight and realize sustainable development becoming the key and central question that family business survives and develops, it is also a difficult problem with which economists and entrepreneurs confront. Studying the sustainable development of family business has important theoretical and realistic meaning.The case studied in this thesis is Qingdao TH Company which is a typical family business. The company finished the capital accumulation under the family administration. At the very beginning, TH Company assembled persons with ability with a lower cost, all of which based on blood-relation and kinship, so they were aspiring, united, and struggled together, even not cared about the rewards. The company got the competition advance within a short time. Some advances of Family administration mold, such as cohesion, flexibility, determination, low cost of psychology contract, and so on, played a big role during the TH Company's foundation.