Muslim Families' Business Constitution-Template
This book is about the family business constitution.
Have you made a family business-related document?
Do you want to transfer your business and wealth peacefully and with justice?
Then this book is important and a necessity for you, your family, and your businesses.
Just see the topics covered in this book, and you will realize that you need to document your matters formally.
Topics covered.
The components of a business
Perspective of Muslims about earning
The business has an Islamic perspective.
The family business-our protocols.
Benefits of family business families
The significance of a constitution
Family business constitution (FBC) template:
A-preamble
01-Preamable
02: The history of our family business
03: Family vision, mission, and values
B family governance
04-Governance structure
05-Ownership policies
06: Management and leadership
07: Conflict and dispute resolution: -the process
08: Financial and reporting practices
09-Aligning culture with company vision
C Family members responsibilities and benefits
10: Roles and responsibilities
11: Conflict of interest and nepotism
12-Compensating as employees
13: Loan policy and related matters
14: Employment and compensation
D restructuring and succession planning
15: Diluted control of founding members
16-Succession planning
17: Transition of ownership
18 Guidelines for third generation attainers
19: Exit of a family member:
20. Wills and estate planning
21. Collaboration and joint ventures
22. Sale of business and diversification
E the family culture and behaviour
23. Ethics and values to uphold
24-Guidelines for Lifestyle and Financial Conduct:
25-Communication
26-Grievance management
27. Conduct of meetings and etiquette
28. Empowering women in business
F Sustainability and continuity
29.Continuity and sustainability:
30-Business continuity planning:
G-Social responsibility
31. Philanthropy and social responsibility
H-Amendment and changes
32: Amendments and review
