Ensuring the longevity of African family businesses: The critical role of governance and estate planning
Mutendi outlines the critical role of governance and estate planning in family enterprises.
family businesses
Lessons from Meghan Markle and Prince Harry’s story
On Dec. 8, 2022, the world woke up to the Netflix documentary, “Meghan Markle and Prince Harry.”
Exit strategies for family businesses
Exit strategies include acquisition, merger, IPO, cash cow, selling to a friend, or shutting down operations.
Types of family businesses: Steward?
Succession in the Steward family business type comes with little conflict.
Types of family businesses: Eternus?
The Eternus family business, like the James Bond type, is led by an authoritarian family leader.
Types of family businesses: James Bond?
In the James Bond family business type, the sole family member in the business is the founder.
Extremophiles dominate the African business landscape
In most countries around the world, family businesses are between 70 and 95 percent of all business entities.