Can you let your child inherit your business?

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Bisolami

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This question seem simple to me and I can let my child inherit my business. For example, my mum divided her business into three, one for me, one for her and one for my sister and that’s why I have a business today including the money my dad gave me and I see nothing bad in inheriting that business.

What do you feel about this?
 
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Ofonime

Ofonime

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Yes they are the reason why I sites those businesses is crucial If you notice this and I want to tell you any of your valuable property belong to your children once you let so it's virtal to chennel your business to your children
 
eldavis

eldavis

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I believe it is every parent's dream to have their child inherit their business. If my child is able to inherit my business then it's a blessing.
 
Sanjeev

Sanjeev

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I don't have a business but if I had , I would definitely pass on my business to my kids as that would be helpful for them to run it.
 
freelancermaria

freelancermaria

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I would not hesitate to hand over the business to my child, particularly if they have a genuine interest or passion for it. I want my child to have a brighter future ahead.
 
Sanjeev

Sanjeev

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freelancermaria said:
I would not hesitate to hand over the business to my child, particularly if they have a genuine interest or passion for it. I want my child to have a brighter future ahead.
Click to expand...

That's true when you have a set business and you hand it over to your kid then if he/she has a passion the business will get developed.
 
Sanjeev

Sanjeev

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I would do if I have a business but present I don't own any business. I think it is better to hand over your business to your next generation and help them if they want.
 

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