Family businesses play a crucial role in the global economy, yet many struggle to sustain growth across generations. Studies reveal that only 30% of family businesses survive to the second generation, and a mere 12% make it to the third. Lack of Clear Governance Structures - Undefined roles and decision-making processes create conflicts. Leadership Transition Issues - Poor successio... https://www.apsense.com/article/825880-5-reasons-why-family-businesses-struggle-with-growth.html