One of the simplest ways of determining whether the next generation is willing and capable of running the family business is to probe whether they want to purchase some of the shares in the business. Clarifying future share ownership intentions is one of the best ways to ensure that the business stays in the family for all the right reasons. When children refuse to purshase shares in the family business when offered, they are in effect giving the senior generation a glimpse of the next generation’s interest in running the business and a self assessment of their capacity to make money (return on their investment) from the business. The act of risking captial by the succeeding generation is key to preserving generational wealth and family relationships.

Thomas william Deans Ph.D.
Best selling Author of Every Family’s Business

http://www.ProtectingFamilyBusinessWealth.com