Succession in family firms: the conversation most owners put off
Most family businesses do not survive the second generation, and the failures are usually about unplanned handovers rather than bad trading.
Editor-in-Chief & Business & Markets Editor
Marcus Vale is Daily Junction's Editor-in-Chief, accountable for the editorial standards and integrity of everything we publish. He also reports on markets, the global economy and corporate strategy, translating financial jargon into plain English.
Most family businesses do not survive the second generation, and the failures are usually about unplanned handovers rather than bad trading.
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