Posts tagged "family business success rate"

Succession planning is a way to help younger generations take control, often more gradually. These families set up, acquire and manage family businesses in parallel over a long period of time. This provides a training ground for younger generations.

Family businesses often naturally possess the all-important ingredients for long-term success: trust, a unified vision, commitment and stability.

South Australian family merino wool business AJ and PA McBride is still riding high on the sheep’s back after 100 tumultuous years.

Not having a clear plan for the future affects all areas of a business; one of the best ways to address this is to develop a family constitution.

A family business fallout has ended in tears after a worker fired for turning up late to dinner was awarded compensation for unfair dismissal.

Here are the top three questions family businesses ask (with answers), gathered from 20 years working closely with many family groups.

Look at the history of any successful entrepreneur, and you’ll spot a bloody trail of significant failures dotted behind them.

Family businesses across the world are advancing women, including non-family members, further and faster than their counterparts.

When Monique Bolland's father suggested they go into business together, it wasn't a decision she took lightly. Working with family can get complicated.