Business

Employee skin in the family business game

How does a family business keep skin in the game when no members of the younger generations are able or willing to take it on? If there is reluctance to sell to a “stranger” who might regard the purchase simply as a mere tradable, even flippable, asset, what might the exit alternatives be? And, how do founders ensure that the care they’ve taken to build something is maintained, along with a definite ethos, in ownership of which they approve? 

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