Sentences with phrase «children take over the family business»

Having your children take over the family business is one way that may all be possible, Weir says.

Not exact matches

Sometimes founders have a dream that their children will take over the family business, but the children simply aren't interested.

Five years later in 1985, the Cahns decided to sell Coach after determining that none of their three children had any desire to take over the family leatherware business.

You could also choose to have the child who desires to take over the family business buy out his or her other siblings.

During this period, it's highly likely that there were few of those family things, and less and less of any «joint» anything between the parents, one of whom is likely to have been shouldering the bulk of the child caregiving and responsibility, while the other was off feeling alienated, crying over beer to an understanding «friend,» taking on extra business trips, or resolving the dissonance by avoiding it.

«With a family member taking over the business there is an opportunity to leave the industry and have some form of income through a business arrangement with your children,» Weir says.