Category: succession planning

Family Business Succession
Business Finance, family business, succession planning

Better professionally-run than family-destroyed

The Successor Selection Trap: Why Your Heart and Head Are Fighting Three children. One business. Zero clarity.Mehta Uncle, 70, ₹80 crore business:Karan: 25 years in business, knows everything, loyal… but resists change, fears tech.Priya: IIM grad, sharp, strategic… but only 3 years in family business. “Will she stay?”Rohan: CA, modernizing operations… but impulsive. Elder brother resents him.Mehta Uncle’s succession plan? “I’m thinking about it.” He’s … Continue reading Better professionally-run than family-destroyed

Unknown's avatarSunil GandhiLeave a comment
Family Business Succession Plan
Business Finance, Business Management, family business, succession planning

The hardest truth for family businesses: exit is often the only succession plan.

Ramesh built his business over 32 years.– Not a startup story.– No venture capital.– Just steady customers, loyal employees, and a reputation built one decision at a time. When asked about succession, his answer was always:“Let’s see. The business is running fine.” The reality was quieter. His children had their own careers. None wanted to take over. So succession never happened by design or by … Continue reading The hardest truth for family businesses: exit is often the only succession plan.

Unknown's avatarSunil GandhiLeave a comment
Business Finance, Business Management, family business, succession planning

Is Your Business Giving You Freedom or Holding You Hostage?

A cousin of mine regained consciousness after a serious accident. His first worry wasn’t recovery; it was supplier payments and pending deliveries. Another business owner in the family can’t rest, even at home, because the business runs only when he does. This is how wealth quietly turns into a golden handcuff, total dependency, no pause, no recovery. Is your business giving you freedom… or quietly … Continue reading Is Your Business Giving You Freedom or Holding You Hostage?

Unknown's avatarSunil GandhiLeave a comment
Business Finance, Business Management, family business, succession planning

Avoid Family Wars: Succession Plans Inspired by Epic Tales

Mahabharata & Ramayana: Two Wars, One Missing Document: Two of India’s greatest epics began for one simple reason: families had power, wealth, emotions… but no governance. Think about it: In the Ramayana, a single, unchecked, undocumented, and emotionally interpreted verbal promise sent a prince to the forest and shattered a kingdom’s stability. In the Mahabharata, unclear succession, no rulebook for inheritance, and decades of silence … Continue reading Avoid Family Wars: Succession Plans Inspired by Epic Tales

Unknown's avatarSunil GandhiLeave a comment