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

[Jumoke12]

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?

I think, yes. It can. But it all depends on the circumstances that surround such business. If the business is carried on by a group of good and wonderful people even it will do better than when the owner was alive doing it.

 

[singlej007]

The possibility for a business to survive when the real owner is no more is very slim, the only way most business survive like that is when the owner son is already or almost in charge of everything before the Das death.

 

[Ausaf Ali]

Yes ofcorse u ha r to run any busniess after the death of business owner. Because you have to your all please ensure your business because customer service will be depend quickly on your personal information about them . The promotion of the busniess will be reamin the same due to the particular nature. The business owner will be going to have the customer statistics.

 

[Khizar iqbal]

Yes, you are right that if someone dies inside, his company can grow because the death of a person does not have any work, everything goes on as it is.In addition, she is the owner's family, she takes care of the business, she knows how to run the business and she makes a lot of money.And color the business

 

[btaliat]

It is very much possible under one condition. If the business owner has put his sons or any child from his family through the business before his demise. Aside that, it may not work because strangers don't even want the progress of the business. They prefer taking over.

 

[jimmann247]

The possibility is very Very low, a lot of business I see that closes down are not far from such issue, family fighting who will take over, or family spending excess from a business left by the own, and closing down the business because of excess spending.

 

[Taimoor Jutt]

Yes it is possible to run business even after death of owner. So there should be a backup of owner either from his family member or his partner in this business, so back up is needed for this kind of situation, business can not be effective with anyone's death, sometimes it effect in negative way too.

 

[Aricha josef]

In a situation where the owner of the business has family who are competent and have business mindset,it can survive..But if there is no like minds with the owner of the business,it may not survive as no one will be able to manage and run the business well like the owner himself..

 

[Muhammad hussain]

I think it is a fact that every servant has to die, so no business can be closed by the death of someone. The dog has children in front of the owner. She can run her business properly.People who come to this world have to go one day or the other, so the death of the owner does not affect the business and the business continues as it was before.

 

[redpogi16]

But there is nothing concerned a family of some people may be the company existing or not.There's some whose passing the ownership because they know they are ill. So it's still easy for a business to survive.It all depends on who takes over after the death of the owner. But have seen some survive.

 

[Sidradoll]

When a CEO dies, his or her employees and team must — in the wake of their grief — introduce a new leader, adjust to change and continue to operate at the best of their ability. At the same time, they will likely attempt to preserve their late leader's legacy.

 

[abubakar3141]

When a CEO dies, his employees and team - in the wake of their grief - must continue to introduce a new leader, adjust to change, and continue to work to the best of their ability. At the same time, they will try to preserve the legacy of their late leader.

 

[Clara]

But most African man businesses crumbles immediately after the proprietor dies and the reason why is the lack of future plans for the business and mismanagement of the business itself.Another way is that, if any family member has a proper knowledge of this business, he can continue work after death if busines's owner.

 

[Sidradoll]

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?

When a CEO dies, his or her employees and team must — in the wake of their grief — introduce a new leader, adjust to change and continue to operate at the best of their ability. At the same time, they will likely attempt to preserve their late leader's legacy.

 

[Muhammadawais]

If the company is a partnership business,it will end upon the death of the owner and its properties will become part of the estate of the owner.If the business is an organization, a limited liability company or another business organization, its business assets may continue to operate and retain ownership.

 

[Lawal]

Is possible for a business to survive after the the death of the owner. If the owner have a good family member that can take the business very serious and desiccate time for it or if the owner have a good manager that can manage the business very well. For example the fox football club after the death of the owner the club is still doing well

 

[chommyluv]

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?

The answer to this question is Yes and the say time No because of the circumstances surrounding the owner and its mode of operating its business. It is very possible for a business to survive after the founder its no unless if the founder train people under him that handle its work whenever his not around and No when he refuse to train anyone on the secret behind its business secret.

 

[Janita]

It will be difficult for the time only because business runs with the help of good employees and good managers so if they work cooperatively so I don't think so that there will be a issue to run it more better yes there will be a little bit effect of the owner's death on the business that in the starting there will be most of the things changed like what responsibilities he has taken will be changed into another person and other person will look after the business and it depends on him that how he will take it now.

 

[Highflyer]

Yes of course it is possible for a business to survive and thrice after the owners death, it all comes down to the management of the company. This is why it is good for business owners to employ the best professionals when recruiting.

 

[mubinadaddy]

Yes it's very possible for the business to grow after owners death if there is proper management and disciplined. The fund of the company can be managed but if not well managed by the new CEO the company might not grow rather decreasing.