Question: Read the Iaccarino & Sons case located in the back of the book. As you read the case, think like an entrepreneur and small business

Read the Iaccarino & Sons case located in the back of the book. As you read the case, think like an entrepreneur and small business owner. Please answer the following questions.1. If you were in Frans shoes when he was running his own company, what factors might have attracted you to close your business and join Iaccarino & Son? What factors might have discouraged you from entering the family business?2. Why do you think Carl wanted to retain ownership and decision-making authority over Iaccarino & Son after bringing Fran into the company?3. When the recession hit in 2008, what advice would you have given Carl and Fran to increase the chances of survival for Iaccarino & Son?4. This family business has made numerous transitions. If you had to create a family business constitution or family creed for Iaccarino & Son, what three items would you include?

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