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Is it proper to handover business to the offspring?
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[QUOTE="Lens1000, post: 335571, member: 37726"] If you want to decide whether to handover a business to an offsprings or a senior staff member of the company, it is actually important to look at some factors such as the competency the Vision and the long-term goals. The process of handling over a business to an offspring will definitely ensure continuity and it is also going to preserve the family legacy. We must not sidestep the essential to access their qualifications, skills and commitment to the business as well. Choosing a senior staff member to take over the business could be a very sound idea if the person is competent. [/QUOTE]
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Is it proper to handover business to the offspring?
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