If the business is a partnership one it will continue when the other partner is determined to carry on. If its a sole proprietorship business, the children can carry on provided the business drives reasonable income.
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This is very much possible, in fact we can see the example of this almost everywhere but the what determines the during of a business survival after the owners death is the competence of the person who is taking over.Yes, it is possible to survive any business after the death if busines's owner but it depends upon major clients that are working in business from many years with honestly. 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.
That's very true brother. If the next of kin has a very good head on their shoulders, the company may actually even blossom than the level the deceased left it.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.