Research On Chinese Family Business Succession

In recent years, the issue highlights the tradition of private family enterprises. The main reason is the first generation of entrepreneurs over 30 years of business management, life body is entering a natural period of recession. They are faced with how to choose his successor and a smooth transition question----family business heritage issues. In order to reveal the mysterious veil of century-old family business succession, the topic choose China family businesses as the research object, and explore the factors affecting business smooth transmission, through in-depth Analysis of these variables, research, and try to find out the corresponding countermeasures. In this process, the paper proposed the first innovation point that the impact factors of family entrepreneurs choose his successor, and summed up the issue of the second innovation point - the three stages of Family Business Succession model diagram.This paper summarizes domestic and foreign scholars on the succession of family business research, in this based on the concept of family enterprises to define and determine the scope of study of Western family business; and detailed analysis of the main problems arising in the family business succession process, find out the cause of the problem and propose the corresponding solutions.In this paper, using standardized methodology, in-depth and thorough analysis of the succession of family business problems, proposing a clear-cut family business in China should be discarded, "inherited his father's" heritage of the traditional way, and propose opinion that "the auction business" point of view, or the introduction of professional managers to manage the family business idea.The article reckons this family business is that the normal form of social organization, unable to determine the advantages and disadvantages of weight, but the family business will exist in the course of human story. Entrepreneurs' will of the family inheritance and family business successor will be the key to family business success inheritance.This article concludes with a smooth transmission on a comprehensive diagram of the family business, graphic and landscape, simple and clear, and contains the author's personal experiences working in the family enterprise and graduate stages of learning the theory of summing up.