30%. 12%. 3%. Those numbers tell a hard truth about family business succession — but they don’t have to define your business. Only 30% of family businesses successfully transition to the second generation. Far fewer make it beyond that. Not because families don’t care — but because succession planning often starts too late or stays unspoken. Succession isn’t a single decision or a future event. It’s an ongoing conversation about leadership readiness, roles, and shared expectations — across gener
0:19
FacebookPrairie Family Business Association
30%. 12%. 3%. Those numbers tell a hard truth about family business succession — but they don’t have to define your business. Only 30% of family businesses successfully
Prairie Family Business Association. . 30%. 12%. 3%. Those numbers tell a hard truth about family business succession — but they don’t have to define your business. Only 30% of family businesses successfully transition to the second generation. Far fewer make it beyond that. Not because families don’t care — but because succession ...
17 views1 month ago
Succession Planning Best Practices
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