The paradox of the long-term future of French family businesses: a valued yet threatened model
The paradox of the long-term future of French family businesses: a valued yet threatened model
key takeaways.
- 69% of surveyed business leaders consider family identity a competitive advantage and 60% wish to keep the business within the family
- However, fewer than one in two are confident that the next generation will take over
- This paradox is explained by several factors: 68% of next-generation members express a desire to pursue a different career path, while only 39% of families have a complete succession plan.
Ensuring the long-term future of French family businesses: a widely valued but increasingly fragile transmission model.
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press release
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