ISBI Institute @ Strathmore University Business School
Programs that Impact Entrepreneurs
ISBI Institute @ Strathmore was founded by an Austrian NGO ICEP (www.icep.at) and Strathmore Educational Trust (SET) with the goal to promote business and financial skills amongst Small and Medium Enterprises.
Why are family businesses finding it difficult to pass on the baton to the next generation?
Including mechanisms such as family constitutions and councils, shareholders’ agreements and incapacity arrangements is important. Proper, clearly defined structures ensure limited grey areas when it comes to inheritance. Each family member clearly understands what is expected from them and how big their piece of pie is.
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