Here are a few simple questions to ask yourself, or someone you care about: “Have you ever lied to people about how much you gamble? Have you ever felt the need to bet more and more money? Have you had to get help from family or friends for financial trouble?”.

The Baby Boomer generation continues its march to retirement; a significant number of entrepreneurs will soon begin the process of transitioning family businesses to the next generation. If you are about to embark on this journey, here are some of the potential pitfalls to avoid.