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Fewer Family Businesses Are Staying in the Family

  • 29 August 2017
  • Author: Alexander Carr
  • Number of views: 2450
Fewer Family Businesses Are Staying in the Family

It was once common for an entrepreneur to pass a business down to the next generation in the family. In fact, the practice crossed industry lines, with retail stores, plumbing businesses, law firms, and even physician practices commonly being passed down to the children who had been groomed from an early age to carry on the family business.



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