I usually see this statistic about family businesses. In the USA a family business passing through 3 generations is rare.
My personal observation is that the 4 generation has so many better options than the family business is holding them back with responsibility and the family unity has broken down through generational grudges.
My personal observation is that the 4 generation has so many better options than the family business is holding them back with responsibility and the family unity has broken down through generational grudges.