Written By: Virginia S. Zuiker, Yoon G. Lee, Patricia D. Olson, Sharon M. Danes, Amy N. Van Guilder Dik and Mary Jo Katras
Cash flow problems of 673 family owned businesses from a nationally representative sample were investigated. The final model of the 3 step hierarchical binary logistic regression was used to predict the probability of the occurrence of cash flow problems in the business, household, and the business and household simultaneously. Business system, family system, and resource intermingling variables contributed to the explanation of cash flow problems in the business, household, or in both entities. Findings indicate that when resources are intermingled across systems, assessing the well being of one system is incomplete without assessing the other system among family owned businesses. Keywords: Family owned business, Cash flow problems, Resource intermingling, Family business finances, Cash flow problems in family owned business
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