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Tag Archives: Paul Karofsky

Second-generation Stringer carrying on parents’ success

There is a massive generational wealth transfer that will be taking place over the next decade as baby boomers transition their businesses. This is a major change for almost 13 million family-controlled businesses across our country. Paul Karofsky, executive director emeritus of Northeastern University Center for Family Business, has been quoted to say, “Fewer than one in three companies survive ...

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