Will Housh is the founder and CEO of_Housh, Inc., a diversified online distribution and retail business. Connect with Will on_Facebook,_Twitter, and_LinkedIn. Family businesses are the cornerstone of the American dream. In fact, more than 80 percent of all businesses – many of which are small companies – are owned by families. In part due to integrity, family values, and innovation, many family-owned businesses have stood the test of time. So, why do so many plummet once successors take the reigns? Studies indicate that only 30 percent of family-owned businesses are successfully passed to a second generation – and it gets...

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