Private Company Issues and Opportunities 2020

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"Few family businesses survive into the third and fourth generations, and oftentimes the culprit is misalignment between the goals, wants, and needs of the business and individual family members. In this report, we examine the common traits of family businesses around the globe that have solved this puzzle. [...] We often talk about how important family businesses are to the economies in which they operate and prosper; however, delivering on these non-economic aims may be the most influential impact they have on society."

Source: Deloitte