Category Archives: Published

The Keys to Family Business Continuity: Laying the Groundwork

As noted in a recent Jewellery Business article, research demonstrates although most owners would like to transition their businesses to the next generation, 67 per cent don’t make it to the second generation, and 88 per cent don’t make it to the third. (For more on these numbers, consult the fourth edition of Ernesto...
Read more

The Keys to Success: Means and Methods for Training a Successor

We have all heard statistics stating 67 per cent of family businesses won’t make it to the second generation and 88 per cent won’t make it to the third. (For more, see the fourth edition of Family Business by Ernesto J. Poza and Mary S. Daugherty, published by South Western Cengage Learning in 2014.) One of the contributing...
Read more

Why Grooming a Successor is Critical to a Family Business

Who will lead the family business once I am gone? What will happen to my retirement when the next generation takes over? How can I tell my daughter she just isn't ready to lead? These are just a few of the questions that can keep a family business owner up at night - and for very...
Read more