Succession in Family Restaurant Business: An Intergenerational Perspective

Abstract

This study aims at examining the succession process of family restaurants in Surabaya from the perspective of its former owners and successors. It was conducted to determine the succession planning of the former owners and successors to maintain their family business and to investigate the obstacles faced during the process. This study employs a qualitative method by studying two family restaurants in Surabaya where three informants from each restaurant were interviewed. It was found that in a Family Business Enterprise (FBE) type, formal succession planning was not necessary because the businesses were fully managed by the successors’ family members. In addition, family values, hobbies, and passion were found to be fundamental aspects to be considered in the succession of family business planning.