family business

When’s best to exit?

Extract from ‘Letting go is hard to do’: The results show that the mental difficulty of letting go is expected to be more severe if the anticipated exit time is in the more distant future. A plausible explanation is that the respondents planning exit in the near future have already addressed the issues of givingContinue reading “When’s best to exit?”

Family succession and the mental stress it causes

Whilst Malta continues to emphasise the need for family business succession planning, oftentimes it may not be the best option… An extract from “Letting go is hard to do”:The results show that family succession as the exit strategy is associated with greater mental difficulty. A possible explanation for the unexpected result is that:—-> incumbent entrepreneursContinue reading “Family succession and the mental stress it causes”