Family Business Consulting

October 2023

Successor in a Family Business

Eldest or Ablest: Choosing a Successor in a Family Business

Choosing a successor in a family business is a difficult and sometimes emotional decision. Should it be the eldest kid, who has historically assumed leadership, or the most capable and qualified individual, independent of birth order? This age-old quandary continues to afflict family-owned businesses, and the consequences of making the incorrect option or postponing the …

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Are you forcing the Rising Generation into your Family Business?

Family businesses embody the values of hard work, dedication, and the desire to pass on a legacy to the next generation. However, the question that often arises in the context of family businesses is whether the younger generation is being ‘force-fitted’ into the family enterprise. We explore the concept of force fitting, its implications, and …

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