Same as any other business, kick them out for a number of years, then see if they still want to come back. The old guy in charge also needs to remember it will be a team effort for a while. There are very few businesses where one person makes all the major decisions. While Junior may make a bad decision, chances are just as good he will have a stroke of genius and think of something Pops never thought of. They both need to listen to each other and work together.
I come from a fammily business background. The business will probably close when the 2nd generation retires. There are members of the 3rd generation that work there, but none that want to take over. The perspective is very different once you have distanced yourself from it. We've all seen the outfits where Pops can't understand why the youngun decided to retire from being the hired man. You know, still the youngun at 65.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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