Survival Rate of Family Business in India and US

Mrinmoy Dey and Amir Hossain | October, 2011

Conflicts among family members in family run businesses are very familiar not only in India but all over the world. The comparative study between India and the USA over survival rate of family business only proves the fact. In India only 4% businesses are succeeded beyond 3rd generation, only 14% beyond 2nd generation and 33% beyond 1st generation. It means around 49% businesses get shut down in the first generation itself. USA also follows almost similar trend. This only shows how important succession planning is in order to survive.

LIMIT 300 CHARACTERS

NAME
PLACE
EMAIL
Captcha