Staying Power: How do Family Businesses Create Lasting Success?

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"How do you build a business that remains entrepreneurial, nimble, creative and prosperous over generations? Years of toil. Now integrate the intricate relationships of a family into the business, and you have an even more complicated task. The business requires practicality, strategy and strong commercial acumen, and the family needs nurturing and care. The world’s most successful family businesses have managed to integrate both imperatives to create a lasting legacy of entrepreneurial success and family unity."

Source: Ernst & Young

 

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