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

[Shigobad2020]

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 its possible for a business to survive after the owner died , but I have seen a lot of business collapse shortly after the death of the owner simply because those who inherited the business are after money and not the well being of the company.

 

[Sotherefore]

Yes is possible if every arrangement has been made to hand over the business to someone who can manage, I don't see any big issue there.

Post automatically merged: Apr 22, 2021

Yes is possible if every arrangement has been made to hand over the business to someone who can manage, I don't see any big issue there.

 

[Kelly5]

Sure it is possible for a business to survive after the owners death. The only thing here that will make it fail is if those inheriting it are incompetent

 

[Josephjossy]

It is possible but it all depends on the type of person or people that will manage the business after the owner is dead. It also depends how the owner where managing it when he was alive. All this have to decide if the business will stand or not

 

[Kingsley]

This is possible although there will be some sought of shake ups here and there. But eventually the business will still thrive. The most importantthing is form those running the business to maintain the policies policies the organization.

 

[Senator]

Yes it is very possible for a business to survive after the death of it's owner. Not every inherited business fall in the hands of poor individuals that inherited them

 

[Hopey]

A business has 100% tendency of surviving even after the death of the owner as long as he was able to do a timely transfer of duties and other necessary things

 

[Sheyemanu]

Is it possible for a business to survive after the death of its founder? Yes it is very much possible, provided the owner made provisions for a successor while he or she was alive or the people he left in charge of the company handle it well

 

[Dowenship]

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?

Well it depends on
1. The level at which the business have gotten
2. The vision of the owner before his death i.e he wants the business to be run by his family or not etc

 

[Hopey]

Every wise business man would always worry about the succession of his business legacy and try to cut the loose end before he journeys to the great beyond

 

[Muhammad Arslan]

Many entrepreneurs look at their businesses as a way to build wealth for themselves and their families. But new research shows that if the founder dies, a firm typically suffers significant setbacks that affect the value.

 

[Ayokex]

This is very much possible but it is dependent on the legacy the business owner lays down before his/her demise. There are many business that are still doing good even years after the owner has gone.

 

[Setfragil]

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.

It is possible for a business to survive after the death of the owner if their is a legal documents that guide the operations of the company in such situation is available the business will surely survive after the death of the owner. Once a new CEO is appointed business will continues as usual.

 

[Oluwasube]

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?

Of course it is very much possible for a business to still run well after the demise of the owner if there is a proper structure of those that will manage it.

 

[Ehizzy1]

Its possible for the business to survive because many business had survived after the owner have died , so i think its possible if there is a backup manager

 

[Sotherefore]

A good business with proper management can survive a long time after the death of the original owner, if there is someone that will run the business perfectly it can survive .

 

[Felixko]

it is possible for a business to survive after the owners death. this can be done by the child or the manager of the business by giving good plans ahead of the business.

 

[Shigobad2020]

Yes it is very possible for a business to survive after the death of it's owner. Not every inherited business fall in the hands of poor individuals that inherited them

It is very possible for a business to survive and even bloom more after the death of its worker only if it has a good and a business oriented next of kin to keep up the business running.

 

[Bigabigs]

It is very possible for a business to survive after the owners death because if the business had been a successful business it doesn't necessarily need too much to be done to keep it running

 

[Dubai]

Yes, a business can survive after the owners death. But the business would have been built to such a standard where there would be structures for it to survive after the owner dies.