Challenge of a family business
What is the challenge for a family business? Let’s start right away by looking at who family businesses are and why they’re important, so the challenge come to a different light. These companies play a major role in a given economy of a country. They produce a significant % of GDP and employ about one-third […]
Generation change in family businesses
Problems of generation change Generation change in a company is the result of many years of work. The biggest challenge in this regard is that we not often talk about the inheritance of the second or third generations. Thus, there is not necessarily an example to be taken. Whether it is inherited from parent to […]