Today, working with many Business Families, we see the spectrum of expectations coming from parents to the Next Generation, from “Thou will take this business as thine own” to “You will never get this business.” The Business Families that are able to openly dialogue and discuss the involvement of the Next Generation with genuine concern for the Next Generation have a greater chance of beating the odds of becoming another statistic of businesses that fail when being passed to future generations. A choice not to be in the business is not a failure.

For additional information contact Steve at [email protected].