Business continuity requires more than identifying someone willing to replace the founder. Ownership, management, work and family relationships need to be understood separately.
When interests differ
Children may have different interests. Shareholders may imagine different futures. Recognising those differences is part of organising a decision, not a business failure.
More than one possible answer
Professional management, successor development, ownership reorganisation and a sale are paths worth understanding in context. This theme presents criteria and questions for that reflection.