It has been found that _______ of family owned businesses survive to the third generation.

Name: It has been found that _______ of family owned businesses survive to the third generation.
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Question

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It has been widely reported and studied that only about 12% of family-owned businesses survive to the third generation, indicating the significant challenges these businesses face in terms of succession planning, governance, and adaptation to change over time.

It Has Been Found That _______ of Family Owned Businesses