English for Small Business Management - страница 5



Vocabulary notes:

consideration – рассмотрение, обсуждение, внимание, соображение;

inside track – выгодное положение, преимущество;

advancement – успех, прогресс, продвижение;

frustration – расстройство (планов), крушение (надежд), разочарование;

to negotiate – вести переговоры, договариваться;

to buy out – выкупать;

to aspire – стремиться;

feud – длительная вражда, междоусобица;

to perceive – воспринимать, понимать, осознавать, постигать, ощущать;

hazard – риск, опасность;

to plague – досаждать, надоедать, беспокоить.

Nonfamily Employees in a Family Firm

Even those employees who are not family members are affected by family considerations. In some cases, their opportunities for promotion are lessened by the presence of family members who seem to have the inside track. What parent is going to promote an outsider over a competent daughter or son who is being groomed for future leadership? The potential for advancement of non family members, therefore, may be limited, and they may experience a sense of unfairness and frustration.

One young business executive, for example, worked for a family business that operated a chain of restaurants. When hired, he had negotiated a contract that gave him a specified percentage of the business based on performance. Under this arrangement, he was doing extremely well financially – that is, until the owner called on him to say, "I am here to buy you out." When the young man asked why, the owner replied, "Son, you are doing too well, and your last name is not the same as mine!"

The extent of limitations on non-family employees will depend on the number of family members active in the business and the number of managerial or professional positions in the business to which non-family employees might aspire. It will also depend on the extent to which the owner demands competence in management and maintains an atmosphere of fairness in supervision. To avoid future problems, the owner should make clear, when hiring nonfamily employees, the extent of opportunities available and identify the positions, if any, that are reserved for family members.

Those outside the family may also be caught in the crossfire between family members who are competing with each other. Family feuds make it difficult for outsiders to maintain strict neutrality. If a non-family employee is perceived as siding with one of those involved in the feud, he or she will lose the support of other family members. Hard-working employees often feel that they deserve hazard pay for working in a firm plagued by an unusual amount of family conflict.

1.4 Homereading. Transfer of Ownership

1.4.1 Exercise 1. Remember the following terms:

succession – наследование, правопреемство;

inheritance – наследование, наследство;

estate – имущество, состояние;

share – доля, часть, пай; брит. акция;

holdings – вклады;

to bequeath – завещать имущество;

tax – налог;

warehouse – склад, хранилище, оптовый магазин;

distributor – агент по продаже, оптовый торговец;

assets – активы, средства, капитал, фонды, имущество;

business property – собственность фирмы;

monetary values – денежные ценности.



A final and often complex step in the succession process in the family firm is the transfer of ownership. Questions of inheritance affect not only the leadership successor but also other family members having no involvement in the business. In distributing their estate, parents-owners typically wish to treat all their children fairly, both those involved in the business and those on the outside.