Poor succession planning, lack of trusted advisers, family conflict, different visions between generations, and lack of financial education for children are some major reasons why 70 percent of family-owned businesses fail or are sold before they are passed on to the second generation and almost 90 percent don’t make it to the third generation.
About Myria Antony
- Myria Antony is an Advisor at Cambridge Advisors to Family Enterprise.
- She is a regular speaker on family business topics, philanthropy, and social impact.
- She has advised family-owned enterprises around the world on strategies for growing and passing their enterprises to the next generation and the successful continuity of their enterprises.
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