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Family Firms
Succession, capability assessment across generations, non-participating heirs, and the employees who can see the transition coming.
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01
When a Family Member Wants Out
The question nobody raises while it is easy to answer. Settled in advance it is a paragraph; settled when somebody wants their money it is a dispute that ends the business and the relationships.
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02
The Two Cultures Problem
In a family firm, the same conversation is simultaneously a business discussion and a family one. Separating them is not a matter of professionalism; it requires deliberate structure.
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03
The Second Generation
Ownership and capability are separate questions and are routinely settled as one. Most family firm failures at transition come from answering the second by reference to the first.