FABASA will fill a much needed void in helping FOBs. Its mandate includes corporate governance and best practices, and assistance with succession planning, given that a staggering 70% of all first-generation family-owned businesses fail in their efforts to hand over to the second generation. FABASA will offer practical solutions to family businesses, while also highlighting effective strategies to manage their businesses towards profitability and prosperity.
Members will have ongoing access to the latest research with training programmes such as workshops and conferences. In addition, members will also receive regular electronic newsletters with the latest advice and international trends affecting this sector.