#AGLEGACY #FarmSuccession #EstatePlanning
Most family businesses do not plan for the transition of management responsibilities.
See: AGLEGECY.org > Modules
THERE ARE MANY CHALLENGES involved in working towards more inclusion, there are also many benefits. Importantly, at some point the next generation will find itself in the position of making the decisions. The success of this transfer depends on the family and how well they plan for it.
Inclusion of the next generation just might help the business to stay competitive as markets and economies continue to change around it.