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Month: October 2023

Family Business Succession Planning: Balancing Family Governance, Dynamics, and Legacy

Author: Sara Pantaleo Family businesses are vital to the global economy, accounting for over 60% of all private-sector employment and generating over 50% of global GDP. However, only about 30% of family businesses make it to the third generation, and only 10% to the fourth generation. One of the biggest challenges that family businesses face…
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