1.What stage of the family business Lifecycle is your family business in? My family business is a family partnership business which is expanding in diversity of products and ventures. 2. In what way does this stage reflect a ‘problematique’ and challenging stage? How does this stage of your family business’ lifecycle contribute, affect or erode the business and ownership dimensions of your business? This is a very complex time and the time where all decisions to be taken are to be thought upon numerous times and the right decision is to be made every time. Every market is new for us and needs to be researched thoroughly before investing. As investments are huge it is really important to have the right research of future market capitalisation. This stage erodes the finances of the business and scatter them in various small projects however it does not effect the ownership dimension in my case as it is just me and my father as partners. 3. What transition do you envisage for your family business’s lifecyle stage in the coming 10 years? I hope in the next 10 years my family business has completely developed in the various products and markets we aim to capture and sails on smoothly so we can focus on other venture completely different from these. 4. How do you anticipate your family business and its owners and agents (including yourselves), reacting to these changes? This decision of expansion was take together by me and my father and we both plan to expand and grow. For which i started moving forward in the line of business and manufacturing and selling products under our name.