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Case Studies | Business Studies | Volume 14 Issue 12, December 2025 | Pages: 2429 - 2432 | India
Out Performance of Family Business in India; A Case of Bell Brand Rice Mill
Abstract: The paper describes the entrepreneurial abilities of an entrepreneur in a traditional entrepreneurial set up where the entrepreneurial legacy of the family is handed over to three generations. Due to the heritage that follows, if the enterprises are handed over as a legacy from one generation to the other generations that follow, then if the heir of the concerned generation does not show any interest in the enterprise development, it is detrimental to the enterprise which may land in deep crises leading to closure of the enterprise. Enterprises are the backbone of the economies. Modern education and technology lure the entrepreneurs of the present generations to financial success diverging their interests to other entrepreneurial activities. The paper discusses these issues and their impact on the economy and the society at large.
Keywords: Family-owned business, entrepreneurship, family legacy, professionalisation, clear succession, value-based business, first generation, sustainable business practices
How to Cite?: Dr. G. Valentina, "Out Performance of Family Business in India; A Case of Bell Brand Rice Mill", Volume 14 Issue 12, December 2025, International Journal of Science and Research (IJSR), Pages: 2429-2432, https://www.ijsr.net/getabstract.php?paperid=SR251209134046, DOI: https://dx.dx.doi.org/10.21275/SR251209134046