Sustainability of Family-owned Companies

According to some specialized studies, the average life of family companies in the Gulf region is only 24 years, and 90% of the companies cannot make the transition to the third generation.  

There is not a single formula that works for every family company to guarantee its sustainability, and not every company is ready to go public for a variety of reasons, but there are other options we can help with.  One of the options is the Family Constitution, a tool that helps the sustainability of family companies that was adopted by thousands of family-owned businesses in the world, and recently in the Gulf countries with very good results.