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Old 08-27-2008, 03:38 AM   #6470
HumanePain
 
Join Date: Aug 2006
Location: the concrete and steel beehive of Southern California
Posts: 7,449
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Quote:
Originally Posted by Splintered
I'll be the owner by the end of the next decade. ...Most likely, when my dad retires, I'll co-own it with the head of music (My uncle), until he retires: Leaving me with ownership of the store. ...
There is a large difference between owning something and managing it. Unfortunately, some well run businesses are handed down from founder to founder's children with the result that the business eventually closes or is sold because the children did not have the same managing skills as the parents.
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