Are Problems Brewing in the Family Business?

Long-running, small family-run companies are to be applauded. But sometimes generational challenges threaten this wonderful institution.

Are Problems Brewing in the Family Business?

Dave McAdams (left), Laura Henry, Ryan Henry and Isaac Henry work together on setting up a group of PolyPortables restrooms at the local Vandergrift Carnival

Anyone in a family business knows that according to many statistics, the chance of the business surviving declines with each handoff to the next generation. What causes the drop-off? Among the myriad of reasons, times change, dedication levels vary, and talent isn’t always...

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