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

[Jlife]

You cannot read a Will without the presence of a certified legal practitioner. The agreements in a documents are not always adhere to if there is no sophisticated law that backed it.

This is likely to happen when the man is having radical children, in fact most of the time the father will even share the property before he departed because this will ensure peaceful atmosphere after the departure.

 

[Senator]

This is likely to happen when the man is having radical children, in fact most of the time the father will even share the property before he departed because this will ensure peaceful atmosphere after the departure.

Apart from sharing the properties before their deaths if they are lucky to have done that before departing, what about the business itself, it doesn't mean the business will survive

 

[Shigobad20201]

A business can survive after its owners death if only it is in good and capable hands that can move the business forward, handling the business to someone who knows them right from wrong is the best way.

A business can survive after the death of the owner if the business afterwards is managed by a capable hands and meet all standards and requirements

 

[Jlife]

Apart from sharing the properties before their deaths if they are lucky to have done that before departing, what about the business itself, it doesn't mean the business will survive

It's still difficult for me, I don't believe a well-trained family and a Godly family will start fighting for property even after the departure of their parents and most especially when the father have written down the will.

 

[Setfragil]

This is likely to happen when the man is having radical children, in fact most of the time the father will even share the property before he departed because this will ensure peaceful atmosphere after the departure.

Waiting to share property to your children is when the properties are not much. The children are not radical, when you have children that are doing well in life they will not struggle for the crumbles you called properties that you left behind when you died.

 

[Kelly5]

As for businesses whose owners before their death and even long before their death, have their children in the running of the business affairs, these type of businesses hardly dies after their owners are more

 

[Richard92]

So many businesses suffer collapse because of the death of it's owner. Those who took control or charge over the businesses never had any experience managing any business or that nature of business most times

It is possible for a business to survive after when is death if the business has good management and good managers it will work well.

 

[Ralphjoe]

A business can survive after the death of the owner if the business afterwards is managed by a capable hands and meet all standards and requirements

Most of this by big businesses that survived after the death of their owners by training somebody that will take over from them whenever they die full stop in fact they make it a point of duty to train their son to take over the business from them when they are even still alive.

 

[Jlife]

Waiting to share property to your children is when the properties are not much. The children are not radical, when you have children that are doing well in life they will not struggle for the crumbles you called properties that you left behind when you died.

Okay in a situation in which a father knows that the children will not be interested in his property not even any of them ,what is the best way for the parents to do to make sure the family building is preserved ?

 

[Setfragil]

Okay in a situation in which a father knows that the children will not be interested in his property not even any of them ,what is the best way for the parents to do to make sure the family building is preserved ?

It not necessary for your own biological children to carry-on the legacy of the business that you left behind, the most important thing is for the legacy to continues. It is possible to have people that he has trained in the business and they still look up to him as a father in such line of business, you can handover the business to such people.

 

[Jlife]

It not necessary for your own biological children to carry-on the legacy of the business that you left behind, the most important thing is for the legacy to continues. It is possible to have people that he has trained in the business and they still look up to him as a father in such line of business, you can handover the business to such people.

Wow, that means we really need to plan our lives so much and organise everything to make sure that even when we passed out there will be no problem in the family, it is high time we started thinking about this.

 

[Setfragil]

Wow, that means we really need to plan our lives so much and organise everything to make sure that even when we passed out there will be no problem in the family, it is high time we started thinking about this.

When you have a successful business to your name, it is very important to plan ahead of time against such circumstances so as to save your family from the stress and issues that may arise from sharing your business and other properties.

 

[Jlife]

When you have a successful business to your name, it is very important to plan ahead of time against such circumstances so as to save your family from the stress and issues that may arise from sharing your business and other properties.

Okay in a situation in which your children and all other family members may not actually be interested in the exactly business you are doing ,then as a father what is the best plan you are going to do at this stage ?

 

[Razor1911]

When you have a successful business to your name, it is very important to plan ahead of time against such circumstances so as to save your family from the stress and issues that may arise from sharing your business and other properties.

Yes if the business is successful then we can transfer it to out children. In that case our business will keep on growing, but in such a case where the business is not doing good, then there should be an option to choose other business or any kind of private jobs.

 

[Holluwaphemmy]

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?

It is very possible for a business to survive even after the owner's death, it just depends on the kind of people that works with him and the people he leaves the business behind for management

 

[Setfragil]

Yes if the business is successful then we can transfer it to out children. In that case our business will keep on growing, but in such a case where the business is not doing good, then there should be an option to choose other business or any kind of private jobs.

It is not every children that will be interested in the business of their parents regardless of how successful the business is after their deaths. The most important thing is for a business owner to plan how to share his business before he dies.

 

[Kelly5]

If the owners of these businesses long before or Shortly before their demise can make arrangements for their successors to know how to properly run the business, most businesses would have had the chance to survive

 

[Richard92]

If the owners of these businesses long before or Shortly before their demise can make arrangements for their successors to know how to properly run the business, most businesses would have had the chance to survive

It is very possible for a business to survive a owner's death if the business has good management because it is only the even factors that used to be considered.

 

[Sotherefore]

If the owners of these businesses long before or Shortly before their demise can make arrangements for their successors to know how to properly run the business, most businesses would have had the chance to survive

Most business can fail after the death of the original owner if there was no proper arrangement as you have said, however this will not be a reason for any business failure ,anyone can stand up and manage a business.

 

[Senator]

You see some business owners to day who don't have the presence of a single relative of theirs like their children for those with children or relatives handling the business while they were yet alive. These types of businesses hardly survive at owners death