 "It's about how families will agree to come to decisions. It's a process, and being willing to engage in the process is the biggest thing."
Judy Green, president of the Family Firm Institute.
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Advisors help small-biz owners keep it in the family
Andrew Osterland | CNBC, August 2014
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Summary: The statistics on the unhappy fates of family businesses are well known in the wealth-management world. Only 30 percent of family businesses make a successful transition from the founders to the second generation, 13 percent make it to the third generation, and just 3 percent make it to the fourth.
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