Tag: family constitution

The Importance of a Family Constitution | Butz Bartolome

Turning over the management of a business to the next generation is a huge issue. Starting up a family business is relatively more straightforward than sustaining for the next generation. And it has been known that about half of family businesses can pass on the company to the next generation to manage it. Unless they come up with a great solution that will make them follow all the governing rules, thus a family constitution should be made.
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