There is a hotel in Japan — Hoshi Ryokan — that has been run by the same family for approximately 1,300 years. Forty six generations have managed to maintain control of the business. Until 2010, the Guinness book of records considered it the oldest hotel in the world. In 2011 the title passed to another hotel in Japan, that had been founded in 705 AD compared to Hoshi’s 718 AD.

In Uganda, as most businesses are family businesses, a large number fail, including on death of the patriarch/matriarch.

But how should businesses handle mortality of their founders?

In this article we explore some steps that Ugandan businesses and their founders/individuals can take to ensure business continuity for the benefit of their loved ones and employees. 

To read the article, click here.