Succession Strategies For Building Generational Strength
Owners from the boomer generation often wonder how to successfully pass a business to the next generation. Sometimes they make comments like, “The younger generation just doesn’t get it. They don’t understand how important personal relationships are with customers or other employees. They think social media is more important than a handshake or a lunch.” They might feel that younger people don't like taking risks and investing money, so how will they ever buy a business.