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About Family Businesses: The Extensiveness of Succession Problems and Possible Solutions
This document discusses family business succession problems and potential solutions. It notes that approximately one third of European businesses will need to transfer ownership to new owners in the next decade, but only 30% of family businesses survive to the second generation due to issues transferring management and ownership. The document explores succession challenges in more and less developed European economies and the need for support systems like counseling, training, and education to help family businesses successfully transition between generations.
Detailed Information
Author: | ['Hossain Ahmed'] |
---|---|
Publication Year: | 2020 |
Pages: | 27 |
Language: | English |
Format: | |
Price: | FREE |
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