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It's important to have assets. If the family business is an asset with opportunity to grow in value, by all means the next generation should be overjoyed that s
by jacobwilliamroy 6y ago
It's important to have assets. If the family business is an asset with opportunity to grow in value, by all means the next generation should be overjoyed that someone built something which they now have an opportunity to take over and continue building. Not all family businesses are like this though, as people in general are weak and wretched; family business owners can easily ruin themselves and their descendents by going into debt, or embezzling money away from the business to fuel personal vices which invite poverty and instability.
As with many things in life, the make-or-break factor ultimately falls upon how well the parents have matured as human beings, and the quality of the upbringing they've given to their descendents. So I would say it is impossible to make a rigid, universal determination one way or the other. All I know is I would do anything if my parents or their parents asked. Anything.