is it possible for a business to survive after owners death?

[Psalmseen]

Whether a business will survive after the death of the owner depends on the kind of business. In a sole proprietorship, if the owner dies, there's high provability that the business will cease operation.

 

[Filicit]

This is one disadvantage about sole proprietorship business, it often dies after the owner dies because there's no one to take over but sometimes there is someone to take over.

 

[Solutionav]

A business that can't operate without its founder is a business with a deadline. Many businesses suffer after founder's death, and it is often caused by the founder being unable to let go of certain decisions and responsibilities as the business grows. Over dependency is something common in sole proprietorship.

is it possible for a business to survive after owners death?

It rare to see businesses survive after the owner has gone, because people that will be handling the business might not understand how it grows, they only see the success and they will tend to mismanage and run down the business

 

[jeff87]

It is actually very possible for a business to survive after the owner's death because most of the big corporations in existence right now are not being run by the owners and their owners have died a very long time ago so therefore it is a common thing to see a business surviving after the owner of the business has died.

That is right. Business will survive after the owner died because the wife or children can substitute in management of the business. It is also okay if they have money to hire a manager to manage the business.

 

[Richard92]

It is very possible for a business to survive after the owner's death. If the owner had a child that he was probably training well in the business, the child can easily take up the business after the owner passes on, even if the child does not know about the business, the owner did not run the business alone so some people could have worked closely with the owner who would have seen how the owner ran the business and all the things the person did to be successful and can teach the child so that the person can take up those tips and use it as well.

Yes it is possible for business to survive after owner's death especially if the business has good management and the next of kin is a responsible person.

 

[Setho]

There have been so many instances of businesses that have survived even much after the owner of the business had died because they were given two capable hands.

 

[Ralphjoe]

That is right. Business will survive after the owner died because the wife or children can substitute in management of the business. It is also okay if they have money to hire a manager to manage the business.

I do not subscribe to the idea of hiring managers to manage a business for someone that is done but rather anyone that has a business that they are managing their should be able to groom their children to take over from them so that this trend will continue from where they stopped.

 

[Adam13]

It is very much possible for a business to live on after its owners of founders death. Some businesses even move on to become more better achieve greater Heights more than the owner himself would have done if he were alive. Some people if your business is to yourselves to handle even before the guy. The success of a business doesn't depend on his owner alone but it also depends on what you are willing to help him develop his business.

 

[Setfragil]

It is very possible for businesses to survive after owners if there is a proper planning ahead of the death of the owner, the business will surely survive after the death of the owner.

 

[btaliat]

It depends on the kind of business. If it sole proprietorship, it may be difficult to continue with the business except if there is family that is capable of handling the business

 

[Dagm1]

It is actually really extremely feasible for a company to make it through after the owner's fatality since the majority of the huge companies around today are actually certainly not being actually operate due to the proprietors as well as their proprietors have actually passed away a long opportunity back therefore for that reason it is actually a typical point to view a company making it through after the proprietor of business has actually passed away.

 

[Setho]

It is very possible for a business to survive after the initial owner is dead. All they have to do is to make sure that it is sold off to someone capable of holding it.

 

[Timothy2004]

It is possible cause a big company can have other shareholders next to the owner, there are CEO, managing director and some kind of post holders that can take the owners place.

Post automatically merged: Sep 15, 2021

It won't be possible if the business is a small one,
Cause the owner might be living alone and not yet married do no one to take over his business for him.

 

[Ghost]

Lol it's possible though but very rare. You hardly see a business thrive after the owner's dead. I can sight a whole lot of instances. It hardly survives

 

[Kubiat-Abasi]

It is possible to stand the test of time if it is handed to someone who shared the same vision and mission of the deceased if not it will be history.

 

[Sotherefore]

Depending on the arrangement that was done between the business owner and his or her family member that will determine how the business will be after the death but there is 90% possibility that all business can survive even after the death of the real owner.

 

[Ezekiel]

It is hundreds percent possible for a business to survive after owners death especially if the owner has been carrying some person along and if he had an heir that was always with him during working hours.

 

[Josan]

A business can sure survive after the owners death. That's why I've come up with a theory of duplicating myself in any business I do knowing that I need to leave a legacy even when I'm alive.

 

[Kaffyfolla]

The probability of the business to survive after the death of the owner is 0.5 that half, if the business is handled by a diligent person but if there is kind of disagreement between who will take over running the business, it will surely collapse

 

[Stylex]

A business that can't operate without its founder is a business with a deadline. Many businesses suffer after founder's death, and it is often caused by the founder being unable to let go of certain decisions and responsibilities as the business grows. Over dependency is something common in sole proprietorship.

is it possible for a business to survive after owners death?

yes it is very possible for a business to survive after the publisher death ,but its depend on the kind of person that takes over the business ,if he is a good and successful man I think he can handle the business.