CHALLENGES

This research explores the opportunities and challenges of family-owned businesses, aiming to provide a comprehensive understanding of the factors that influence their success and longevity. The broad objective is to identify the key enablers and obstacles that family businesses face and to offer actionable recommendations for enhancing their sustainability and growth. The study employs a survey methodology, gathering data from a diverse range of family-owned businesses. Respondents provided insights on various aspects such as succession planning, intergenerational involvement, communication, and conflict resolution. Statistical analysis was conducted to determine the mean and standard deviation for each variable, highlighting the level
of agreement and variability in responses. The results reveal that early involvement of the next generation and structured succession planning are critical for fostering engagement and ensuring continuity. Effective communication and conflict resolution are also essential for mitigating internal disputes and maintaining performance. However, significant challenges include family conflict hindering succession planning and limited interest from the next generation. There is variability in opinions regarding the impact of effective succession on business growth and stability, indicating mixed perceptions of its benefits. To capitalize on their
inherent strengths and overcome challenges, family-owned businesses should prioritize structured succession planning and actively involve the next generation early, enhance communication and conflict resolution mechanisms for minimizing internal disputes as addressing family conflicts and fostering strong family relationships are essential for effective succession planning. By implementing these strategies, family businesses can achieve sustainable growth and long-term success. This research underscores the need for a strategic approach to managing family dynamics and succession processes, offering valuable insights for
practitioners and scholars in the field of family business management

Caregivers in crèche settings play a pivotal role in nurturing and educating children during their formative years. However, the demand of this profession can lead to emotional stress, burnout, and job dissatisfaction. Therefore, this study explores the
occupational related challenge faced by caregivers in crèche settings, with a focus on the impacts of these challenges on caregiver well-being and the quality of care provided to young children. The study adopted a survey research design and the population comprised all the care givers in the 39 registered crèches in Benin City. The sample was 100 crèches care
givers selected from 25 crèche settings through multi-stage sampling techniques. The instrument for data collection was a self-structured questionnaire designed after a careful study of related literature. The instrument was validated by the three experts
including the researcher’s supervisor. The internal consistency of the instrument was calculated with the cronbach alpha which yields a value of 0.86. The data were analysed with frequency count, percentages and standard deviation. The findings revealed that caregivers in crèche settings encounter a range of occupational challenges. The most commonly reported challenges include caring for crying babies, feeling unsatisfied due to salary payment, lack of appreciation from parents, poor recognition and appreciation of work by crèche management, and poor working conditions of the crèche. Caregivers experience fair challenges associated with the job of caring for children. Additionally, occupational-related challenges posed moderate impact to their health although feeling ill due to job was not mainly ascribed to job demand hence; do not perceive it as impactful to their health. Consequently, it was recommended that government should institute policy framework for effective monitoring and supervision of crèches and Managements of caregiving centres should ensure better welfare package for caregivers including
exposing them to various regular training programme.