
Large or small, family-owned businesses stand apart from other company models. Upward mobility into management may be limited for non-family, for one thing, and succession from one generation to the next can impose special hurdles – few family-owned enterprises survive into the fourth or fifth generations. And then inheritance tax issues can hit heavily, if key players fail to prepare properly. And that’s before we get into sibling rivalries and family spats.
On the other hand, they can be more flexible in aiming at long-range results or adapting to change.
In my new novel, What’s Left, these all play into the story. Her family isn’t like other employers, for sure. And it’s primed for exciting big growth.

