. Cranberries; : the national cranberry magazine. Cranberries. Robert Niemi Electrical Contractors Heat, Light & Power Wiring • RESIDENTIAL • COMMERCIAL • INDUSTRIAL Pinehurst Drive Wareham, Mass. TEL. 295-1880 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ter's performance. The specific profit center may be oriented towards a new or existing market area. Or perhaps a new business can be estab- lished that moves the firm into a new field. Whatever the approach, such moves shift the question of com- pensation differences away from emotional issues. Family members can't quibble as
. Cranberries; : the national cranberry magazine. Cranberries. Robert Niemi Electrical Contractors Heat, Light & Power Wiring • RESIDENTIAL • COMMERCIAL • INDUSTRIAL Pinehurst Drive Wareham, Mass. TEL. 295-1880 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ter's performance. The specific profit center may be oriented towards a new or existing market area. Or perhaps a new business can be estab- lished that moves the firm into a new field. Whatever the approach, such moves shift the question of com- pensation differences away from emotional issues. Family members can't quibble as much when their measurable per- formance becomes an important influence in the compensation issue. Of course, expansion into new markets or new fields may not stand as a feasible alternative. The firm may lack the necessary financing capability. Or the dis- sident family members may lack the ability to manage a separate profit center. In other instances, personal differences may preclude a reas- onable solution. Minor family disagreements can grow into bitter, irreconcilable disputes. In such circumstances, busi- ness survival should stand as [i the most prominent concern. That jfn may require separating the dis sident family members from the business. If the dissidents lack any ownership interest the separa- tion process is straightforward. The dissidents simply gain the s opportunity to seek employment i elsewhere. However, in many instances, dissident family members also own an equity interest in the'i business. To avoid rekindling a disputes in the future, the dissi- dents should sell their interests in the business. Again, one approach is ; straightforward. The dissidents : can sell their shares directly to : those remaining active in the : business. That leaves the busi- ness entity uninvolved in the i financial transaction. However, in many circum- stances, the company must buy out the departing shareholders, The company may pay cash foi t: the shares. Or a long te
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