Download or read book Why 9 of 10 Family Businesses fail at succession: Learn what the 10 % make right. Best practices from the UK and Germany written by Daniel Scheffold and published by diplom.de. This book was released on 2014-04-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The harsh reality: 9 out of 10 of family businesses will never make it to the third generation. This book investigates which factors are critical for the success of a succession. The study of three family businesses in the third generation from Germany and the UK lead to four best practices. From the results, a new model for succession in family businesses was developed. The qualitative study is one of the first that investigates the performance of successions with an international perspective. This book is recommended for family business researchers, family business owners, advisors and students interested in family business studies.