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List four issues you may have as a parent deciding succession plans for a family owned business of which you are in control. Include an idea on how you would address or attempt to resolve each issues.

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Answer:

1. family fights, 2. kids not wanting to work at the family business, 3. lack of training, 4. pressure to hire family members, 1. hire other people that arent in the family, 2. convinve them to work there, 3. hire well trained people to train family, 4 hire them and see is they are good for the job or not and have themmstart at a easy position

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User Scott Daniel
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