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Is it proper to handover business to the offspring?
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[QUOTE="Mika, post: 335616, member: 29399"] I do not any reasons not to handover the business to the offspring. However, it is also important to not that individuals who are inheriting the business should have a genuine interest in the business and also have knowledge and skills to run the business. If the receiver is not interested in the business, and if he does not have any skills to manage and run, the business will go wasted, and might even shut down due to inefficient management. Therefore, the parents should also consider willingness of their kids. [/QUOTE]
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Is it proper to handover business to the offspring?
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