Some commentators warn that families that build up successful businesses have a tendency to progress from "shirt sleeves to shirt sleeves" in the space of a few generations; that the ambitions and fruitful labours of the first generation are frequently followed by generations that squander the wealth by lazy or bad management, sibling squabbles or wild speculation.
This paper analyses some of the items that form part of succession problems including:
- Do You Sell Or Pass On To The Next Generation?
- Generation Inheritance
- Problems Of Family Business Succession
- Planning Helps Overcome The Problem
