Research highlights inadequate financial resources and foreign language training impairing family business growth.
The problems, faced by family businesses, have been studied in a number of scientific publications, and most of them are related to insufficiency of financial resources, lack of the necessary management and economic training, or single-person decision-making. The research, conducted in this direction, turns us to a relatively poorly studied problem – insufficiently effective foreign language training, impeding the sustainable development of the family type companies. The reasons for this finding are given, and specific guidelines for overcoming the problem are formulated.
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Аnet Arabadzhieva (2024) studied this question.
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