Benchmark: Sources of Conflict in Family Businesses
BY Donna Fenn
Three graphs that display the hottest issues of contention between generations in long-term family businesses.
No wonder so few family businesses make it to the third generation. A recent survey of 1,002 family-business owners revealed that the potential for conflict increases significantly as family businesses age.
The hottest issues of contention for first-, second-, and third-generation businesses were as follows: