This book discusses two phenomena that occur in family businesses: succession and conflict. Succession is important because it determines the future of the family business, covering how the next generation manages the business inherited from their parents and how to make it more successful in the future. Conflicts often occur due to various factors, but their consequences can be fatal for the business. If these two issues are successfully addressed, the next challenge is how to manage a large business, such as conglomerates and holding companies.