Working with in-laws in a family tea business /

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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Bibliographic Details
Main Author: Shukla, Hitesh (Author)
Format: eBook
Language:English
Published: London : SAGE Publications: SAGE Business Cases Originals, 2022.
Series:SAGE Business. Cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
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.
Physical Description:1 online resource.
Bibliography:Includes bibliographical references and index.
ISBN:9781529772210
1529772214