is it possible for a business to survive after owners death?

[Setfragil]

It is very possible for a business to survive after the death of the owner of the business if the necessary measures have been put in place before the death of the owner like who takes charge in the case of the demise of the owner.

 

[Patrik]

depends on what kind of person is going to take the lead of that business after the original owner's death, if he's a talented guy, he's going to keep it alive, if he's not, then that business will follow its previous owner

 

[Jumoke12]

Yes, but that should be a public limited liability company which has the opportunity to have more shareholders who will buy into the company's shares anytime they feel like.

A business that can't operate without its founder is a business with a deadline. Many businesses suffer after founder's death, and it is often caused by the founder being unable to let go of certain decisions and responsibilities as the business grows. Over dependency is something common in sole proprietorship.

is it possible for a business to survive after owners death?

 

[Trexxxy]

Owners death to a business means nothing, except if the business is a small scale sole proprietorship. There will be people to keep running the business and the business moves along fine.

 

[Sotherefore]

With proper and adequate preparation it is possible for a business to survive very well after the death of the original owner, the business can only crumble when there was no arrangement made, and this could only happen because of a student Dead by accident or other natural disaster

 

[Richard92]

That's a trickery one, if the owner will the company or business to his or her biological family then i have clear view that the business will still go on, provided the family have that sense and drive to manage it.

This all depends on the management of the business a business can be successful after the date of the owner when it has good management structure.

 

[Josemendez]

Not every business dies after the death of the founder , it all depends on the person that took after the founder. His management strategy will determine whether the business succeeds or not.

 

[GIFTMICHAEL]

This all depends on the management of the business a business can be successful after the date of the owner when it has good management structure.

If a business owner manages his or her business well, and curtail those things that makes him spend money lavishly, invest wisely then the future will be bright for such entrepreneur.

 

[Sotherefore]

Not every business dies after the death of the founder , it all depends on the person that took after the founder. His management strategy will determine whether the business succeeds or not.

not all businesses will die as said because sometimes the business can be handed over to a trusted family member or friend to continue,it was then that such thing do happen in which a business owner will die and the business will just die just like that.

 

[Richard92]

In your own point of view which I also supported, it's all depend on the management, whosoever run the business after the owner died is not the concern , Good management has a lot to do when taking over a business.

It is very possible for a business to survive after an estate if the business has good management, management matters a lot in every business.

 

[Prettyjanie]

Yes it is very possible for a business to survive after the owner died but it all depends on the person who takes over after the death of the formal owner. If the person is capable of taking care of your business then the business will last long but if the person is not capable of taking care of the business the business might crush

I agree with you. It is possible for a business to survive the owner after death but it mostly happens if the deceased was in the business with a partner either his wife or some other family member.X

 

[Ralphjoe]

I agree with you. It is possible for a business to survive the owner after death but it mostly happens if the deceased was in the business with a partner either his wife or some other family member.X

There are several multinational companies that have survived after the death of their owner so it's not a matter of if it's possible but it is happening.

 

[Babfash02]

Yea it's possible for a business to survive after owner's death it only depends on the system the owner has laid down before he die.If a good and experience successor take over after the owner then the business will continue well

 

[Razor1911]

There are several multinational companies that have survived after the death of their owner so it's not a matter of if it's possible but it is happening.

Yes there are many businesses with changes their owner. There are many businesses also which are are in the market for more than 200 years or more. Normally the businesses passes through hereditary.

 

[Haveit]

Most times for small business, the death of the owner brings am end to such business because the funds used in running it could have been spent on funeral leaving no money for the business.

 

[Ralphjoe]

Yes there are many businesses with changes their owner. There are many businesses also which are are in the market for more than 200 years or more. Normally the businesses passes through hereditary.

This kind of businesses are seeing in existence and I can mention one business that has been existing for centuries now for example Ford car manufacturing has been in existence for centuries now.

 

[Chibson]

Of course, there areseveral businesses that have survived even after the death of the owner but this will only happen if there are competent people who are ready to take the business to the next level.

 

[Aaron625]

Yes the business especially the major ones will survive if the children of business owner or a close associate takes over the business and runs it normally.

 

[Giannis]

Yes I think it is possible for a company to survive after the owner's death.The most of the times they have a plan after the death of the owner or more simple his kids overtook the company

 

[Ub40]

It is very possible for an organization to collapse after the death of the owner, but just as someone said above, if a competent hand(s) take over leadership, I think the business can still be run successfully. It is just my opinion