How to protect your business from crippling family disputes
Nairobi, Oct. 26 -- A family business can survive its founder but struggle to survive the family. As ownership passes from one generation to the next, shares scatter among children, grandchildren and cousins.
Some heirs may want to sell their shares, while others prefer to retain the business or reinvest its profits. Disputes over management, dividends and ownership can leave a company unable to make key decisions.
Published by HT Digital Content Services with permission from Business Daily....
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