Public Member
Interest: Entrepreneurship
Industry:
Interviewee:
Whose aspirations are being fulfilled with family company employment – the individual’s, the family’s, or both? This study explores the fault lines where individual and group needs meet.
Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high.
Family business succession involves transferring ownership as well as management. Family circumstances and past events lead to three types of ownership transfers.