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Successful succession

About 5 pages (1,403 words)

RV Trade Digest, May 1st, 2006

Why is it that some family-operated businesses succeed during succession while others break apart? The answer lies in addressing communication. As family businesses move from one generation to the next, they often tumble from a place of beauty and strength to one consumed with family infighting for personal, financial and family survival. Size appears not to matter, this destruction hits all size businesses from the very small, to the very large. Why is it that at the time when the business most needs the family's solidarity, it is so difficult to accomplish? And, what can family business ow...

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Silverman, Marc. RV Trade Digest, May 1st, 2006. Successful succession. Content provided by HighBeam Research.

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