The NextGen takeover formula

Taking over the family business is a great chance to bring positive change, but this is easier said than done. How can you win over staff and grow the business?

Succession planning is a major issue for Australian businesses, family businesses in particular. It’s my experience that most business owners spend more time planning their holidays than they ever do planning their business. So when it comes time for a changing of the guard and the next generation takes controls, many issues can arise that have either not been planned for or not even considered.

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