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Research shows that only a minority of Scottish family-owned businesses successfully negotiate the transition from generation to generation. This practical guide book contains vital advice, information and guidance for planning the successful transition of the family-owned business and pays close attention to those problems peculiar to the family-owned business. Written in a clear and accessible style, this book is aimed at all those individuals involved in the management and advising of the family business.
Family Businesses: Planning the Handover examines the main issues which have to be considered when making key business decisions within the family-owned organisation. Included within the text is a case study which follows the progress of a family-owned business over four generation providing a very graphic illustration of what can go wrong if the handover is not carefully planned.