Generational family businesses fail for lots of reasons, but there are almost always common threads. Lots of family businesses also succeed to their third, fourth and fifth generations. Again, there are almost always common threads. The best advisers guide their clients away from potholes and into a smoother road to long-term success. The following article suggests four questions every trusted adviser should be able to answer: http://intheblack.com/articles/2016/04/04/4-questions-every-trusted-family-business-adviser-should-be-able-to-answer
This article was suggested by our mentor Julie Piper