
Only 15% make it: the six fault lines that break family businesses
Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.

Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.

The assumption that heirs will smoothly take over a small FSP is often unrealistic. KI requirements, leadership gaps, and legal delays can threaten business continuity.

SMMEs serving critical infrastructure and global corporations, as well as those in regulated industries such as insurance, healthcare, banking, and credit monitoring, are particularly vulnerable.