Family-held businesses are the oldest and most prevalent form of business ownership. In India, family businesses contribute around 79 percent of national GDP annually. India has 108 publicly-listed, family-owned businesses, making it the third-highest in the world behind China and the United States.

While India boasts a large and ever-growing list of family-owned businesses, none are spared from the many arduous tasks needed in order to grow. Throughout each business’ particular growth story, there are several phases that present unique challenges. If the business wishes to maintain the family-oriented business structure, they must navigate these phases with great care and precision.

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