Family business ends.

Posted by Bruce - in Uncategorized - No Comments

Out of business

Many parents will not want to extend their busy to their children or there children might seek a different direction, which in too many cases  ends in the sign above. It’s not easy working for such a business and parents may want their children to pursue their own dreams instead yet when such a business closes  where do the customers, suppliers, and most importantly employees go? Is it the responsibility of the owner of such a business  to plan ahead for such a  date or can they say they’ve given their own time and move ahead or somewhere else?  Family businesses bring stability to society and when one closes  that stability can be lost forever  but sometimes when you shake  things up a new structure can emerge that will be better then the one before. Yet no matter what finally occurs we all can mourn the end of a legacy and the initial pain it brings to the community as a whole.

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