Family businesses play a crucial role in the global economy, contributing up to 90% of GDP and providing over half of global employment. Despite their influence, they face unique challenges; economic fluctuations and internal family dynamics can jeopardize their continuity. Only 30% of family businesses survive into the second generation, with less than 15% reaching the third. This article offers strategies to navigate economic uncertainty and preserve family harmony, two vital aspects for long-term resilience. For more information, Kindly Click Here