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Family Business SuccessionThe Opportunities and Challenges of Continuity

Family Business Succession: The Opportunities and Challenges of Continuity [Family businesses often outperform nonfamily businesses. This is true for a number of reasons. One of the primary sources of success for business-owning families is their focus on ensuring continuity of both the business and the family. Longevity is typically foremost in the minds of family business owners, and, unlike many of their competitors in non-family businesses, they think about long-term viability and continued family engagement. This is a testament not only to their focus on the future of the business but to the faith family shareholders hold in each other and in their ability to navigate the challenges that also come with working with family members.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family Business SuccessionThe Opportunities and Challenges of Continuity

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Publisher
Palgrave Macmillan US
Copyright
© Palgrave Macmillan, a division of Nature America Inc. 2014
ISBN
978-1-137-28089-3
Pages
1 –12
DOI
10.1057/9781137280923_1
Publisher site
See Chapter on Publisher Site

Abstract

[Family businesses often outperform nonfamily businesses. This is true for a number of reasons. One of the primary sources of success for business-owning families is their focus on ensuring continuity of both the business and the family. Longevity is typically foremost in the minds of family business owners, and, unlike many of their competitors in non-family businesses, they think about long-term viability and continued family engagement. This is a testament not only to their focus on the future of the business but to the faith family shareholders hold in each other and in their ability to navigate the challenges that also come with working with family members.]

Published: May 17, 2017

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