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Why Family Business Succession Plans Fail & What to Do About It
Many scholarly researchers have concluded that a staggering 90% percent of family businesses fail by the third generation. This sobering statistic becomes more perplexing when you consider the army of attorneys and CPAs available to assist families with cutting edge business succession planning strategies. However my own research reveals a glaring omission in almost every family business succession plan: matters of the heart. n n What Do Values, Morals, and Matters of the Hea
August 19, 2007