Thanks but no thanks – NextGen is branching out

Almost 60 per cent of family business' next generation aren't interested in taking over. Family business expert and MGI chair Sue Prestney puts it down to a changing of goals.

Longevity is of interest to every family business but according to Sue Prestney, that might soon be a thing of the past. Prestney, who is the Australian chairman of MGI and a partner in the Melbourne office, says there are worrying signs ahead for family business.

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