Family-run businesses resilient in times of crisis

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	Family-run businesses resilient in times of crisis

gppixelworks

4-11-2009 12:44 PM

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tags:

jobs, businesses, credit crunch, recession, depression, banking

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cdfc0042-c676-4271-92f3-52b73fb5843f/EA7876AE-3B4D-4298-8D3A-0B59D4A3ECE1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.dw-world.de/dw/article/0,,4166498,00.html" href="http://www.dw-world.de/dw/article/0,,4166498,00.html" style="font-size: 11px;">www.dw-world.de</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html"><H2>
Family-run businesses resilient in times of crisis
</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.dw-world.de/img/A393BD47-B7C7-4A5F-8E63-604088DC8715" alt="A graph resembling economic downturn against the backdrop of a German flag" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html"><H4 class="detailContentTeasertext">
About 70 percent of German employees work at family-operated companies. Some of these firms, such as Poco, are still experiencing growth despite the ongoing financial and economic crisis. </H4></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html"><B>Family businesses more popular among employees</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html">Anja Jaeckel says she made a deliberate choice to sign on with the family business Poco. "I used to work for a US chain where nobody’s job was safe," Jaeckel said. "Management decided whether a store was to be closed and unfortunately, I wound up experiencing that first hand. Here at Poco I feel safe</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dw-world.de/dw/article/0,,4166498,00.html">Family businesses rarely resort to the hire-and-fire mentality that often dictates daily business at large stock market-listed companies, which are under pressure to keep their shareholders happy. Employees working for family businesses often are more motivated because the decision-making process is more transparent and shorter</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EA7876AE-3B4D-4298-8D3A-0B59D4A3ECE1/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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