Succession is a challenge the world over and covers both the areas of management and ownership as well as the transition from one generation to the next which needs careful planning and consideration to minimise the potential affects.
Preparing to pass the business to the next generation is the toughest challenge for a family business. Roberta Fenech shares her insight. Preparing to pass...
Trust, communication and identity are values that need to be considered when selecting a successor. Research confirms that only about one-third of family businesses survive...
Succession in terms of business leadership confronts the founder of a family business with a complex set of options as Peter Leach explains below. In...
Expectations were set but transitions from Baby Boomers to the next gen have not materialised. Dozens of articles came out during the 1990’s about the...
Advisers can help clients better secure their family business by asking them to address four key areas: legal structure, governance structure, policies and processes. Many...
Preparing to pass the business to the next generation is often seen as one of the biggest challenges facing the family business, resulting in changes...
