3 habits of highly successful successors

May02

by Sindy Cator on May 2, 2014 at 1:26 pm

Posted In: Analysis and Opinion, Around the Web, Entrepreneur

Will Housh is the founder and CEO of Housh, Inc., a diversified online distribution and retail business. Connect with Will on Facebook, Twitter, and LinkedIn. Family businesses are the cornerstone of the American dream. In fact, more than 80 percent of all businesses – many of which are small companies – are owned by families. In part due to integrity, family values, and innovation, many family-owned businesses have stood the test of time. So, why do so many plummet once successors take the reigns? Studies indicate that only 30 percent of family-owned businesses are successfully passed to a second generation – and it gets…