Working with in-laws in a family tea business / Hitesh Shukla.
Pankaj Patel did not want to borrow money from his son's father-in-law, but he hoped to launch his son's dream project of expanding the family tea business, Patel & Sons, to the European market. During a recession, the company was unable to borrow money from the open market, yet borrow...
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| Format: | Ebook |
| Language: | English |
| Published: |
London :
SAGE Publications: SAGE Business Cases Originals,
2022.
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| Series: | SAGE Business. Cases
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| Subjects: | |
| Online Access: | SAGE |
| Summary: | Pankaj Patel did not want to borrow money from his son's father-in-law, but he hoped to launch his son's dream project of expanding the family tea business, Patel & Sons, to the European market. During a recession, the company was unable to borrow money from the open market, yet borrowing from an in-law would likely affect business performance and create tension. This case illustrates the delicate family dynamics involved in managing and funding a family-owned business, where overlapping roles add complexity. |
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| Physical Description: | 1 online resource. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781529772210 1529772214 |