1. Family Business Succession Guide
... as passing the control to an offspring, or to an outside controller, or one can consider selling the business. This paper will provide the process for a successful succession to the business owners. To define the meaning of family business, will be used the following definition: "a family business ... retire and turn over the power to the new generation, balancing of financial returns, creating agreements about whether there is synergy between return for retirees and creation of capital to offspring, the interest of one family member may not be aligned with another family member, and es...
- Word Count: 1366
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate