Transition of a family firm to the next generation is fraught with challenges. Research an example of a successful family business with multiple generations of ownership and/or management. Why has this business succeeded for multiple generations? What procedures did they take to ensure a successful transition? In your initial post, share the name of the business, a link to their website, and identify a minimum of three keys to success for this business.
Transition of a family firm to the next generation is fraught with challenges. R
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