How Many Family Businesses Make It To The Second Generation?

Many business owners wonder, “How many family businesses make it to the second generation?” The answer turns out to be complicated. It depends on what you mean by “make it.”  Here is what we know about  how many family businesses survive the second generation. John Ward of Northwestern University’s Kellogg School studied this issue. He… Continue reading How Many Family Businesses Make It To The Second Generation?

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