Management in Family Business in the Slovak Republic

Family businesses play an essential role in the national economy of every country. They are formally incorporated into small, medium, or large enterprises. The family business form is the oldest form of business in the world. For family businesses to be able to function well and do business, they must have quality management and marketing management. Every business needs functional management to run a business and produce goods or provide services. The aim of the chapter is to provide comprehensive knowledge from the management theory of small, medium, and family businesses and to understand the phenomenon of family businesses and the importance of quality management in them. We chose analysis and synthesis, deduction, and current legislation, which was created in 2023, as the methods for their investigation. The results of the chapter will show the importance and influence of management on the success of family business management.