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Declining Family Business
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[QUOTE="Suba, post: 338919, member: 3658"] As far as I know, there are often differences in strategy or methods between the previous generation and the next generation who run a family business, especially in opinions/ideas, vision and mission, I think it would be better if every family member was considered an investor, so that in family business meetings all ideas and opinions can be shared. put forward and take the best based on agreement. In family businesses, it is also necessary to innovate to adapt to current developments, where old methods/strategies may be outdated or less useful for the business. Successors who manage the family business also need to maintain the business image and good name of the previous generation, [/QUOTE]
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