Special Reports
The Succession Planning System is Broken – But We Know How To Fix It!
“Ninety percent of U.S. businesses are family-owned, and one-third of the Fortune 500 are either family-owned or family-controlled. Yet only 30 percent of family-run companies today succeed into the second generation. An even smaller 15 percent survive into the third generation.
The reason, according to many experts, is obvious – the lack of an orderly succession plan.” (Source: SmallBusinessNotes.com, Succession Planning). In fact, succession failure is the leading cause of business failure.
The reason, according to many experts, is obvious – the lack of an orderly succession plan.” (Source: SmallBusinessNotes.com, Succession Planning). In fact, succession failure is the leading cause of business failure.
“ Ninety percent of U.S. businesses are family-owned, and one-third of the Fortune 500 are either family-owned or family-controlled. Yet only 30 percent of family-run companies today succeed into the second generation. An even smaller 15 percent survive into the third generation.
The reason, according to many experts, is obvious – the lack of an orderly succession plan.” (Source: SmallBusinessNotes.com, Succession Planning). In fact, succession failure is the leading cause of business failure.
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