Succession and Competitive edge: Two Challenges Keeping Family Business Leaders Awake

Among the many challenges you as leaders of Family and Founder Controlled Businesses (FFCB’s) face, succession and gaining or maintaining a competitive edge might be the ones keeping you awake. They may seriously impact the future of your business as well as the level of future involvement of the family and founders. Two issues that might keep family business leaders awake at night 1. Succession: transferring control of the company to the next generation The first item that will creep up higher on the agenda over time is how the family...

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