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See AllGlobally, family businesses form the bedrock of many economies. They are significant contributors to job creation and the expansion of economic activity. Yet, the management of a family business prese
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Transferring power in a family business can be a complex and emotional process. It requires careful planning, effective communication, and objective evaluation of potential successors. Failure to plan
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The issue of handing over control in a family-owned enterprise is pivotal and applies to countless businesses globally. Unlike standard companies, familial endeavors incorporate both the business and
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