
Governance as a Key to Building Legacy
Building a legacy in a family business requires more than just passion—it demands an effective governance structure. Yet, only 40% of family-owned businesses reach the second generation. This post explores how a well-defined governance framework can help navigate generational changes, mitigate conflicts, and ensure long-term success. Learn why governance isn’t just for outsiders, but a vital component to managing the business and fostering growth across generations.