Reply To: After integrating a family business, should the former owner remain or not?

#111771

Billy Fok Kam Luen
Participant

I would say is really depend on the situation of the company. what is his past track record and what is the plan after been integrated. both leaders need to have a discussion to understand what is the next plan for the company. if the family owner is able to agree on the plan and he is able to manage the expectation, why not. but if he can’t, most likely is to be replaced.

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