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There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read more |
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By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud Read more |
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By Joseph Astrachan and Claudia Binz Astrachan on Wed Sep 23 2020
In this interview, Joseph Astrachan – one of the world’s most well-versed experts on dealing with issues pertaining to business families – shares his thoughts on family dynamics and family Read more |
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Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession plan, or the Read more |
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By Claudia Binz Astrachan on Mon Mar 11 2019
Succession is one of the biggest challenges a family business can face. Many business owners and families assume that family business succession planning will be difficult, risky and conflict-prone, Read more |
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By Richard Eisenberg on Tue Jan 22 2019
Nothing succeeds like success, the saying goes. But for family businesses, it’s smart family business succession planning that can be the key to sustaining the company in the future and keeping it Read more |