Transferring Power in the Family Business: Pros & Cons

What It’s About

About 90 percent of all U.S. small businesses are family-run companies and family businesses have long been a key component of the American economy. But most family businesses don’t survive being passed onto the next generation and about half that group then fails to make the successful transition from second to third generation. Take part in a discussion with two families that have successfully transitioned their companies and learn the pain points they experienced, pros, cons and advice they wish they knew before starting the transition.