These statistics from a recent survey, say a lot: Here are some other vital statistics: 30% of family-owned businesses survive into the second generation, 12% into the third, and 3% into the fourth. Sixty percent do not have a full and active succession plan. It's pretty believable, considering that the baby boomer generation is at or near normal retirement age. And about 50% have not yet thought about a choice of successor, in other words, handing over the reigns.
展开▼
