Chapter 12 Generational Transfer, Sale, or IPO?
Next Gen Scenarios
Worldwide the baby boom generation (born between 1945 and 1964) is on the verge of retirement. This means that thousands upon thousands of family businesses are confronted with a generational transition.
Every individual is unique, every family is unique and therefore every Family Business is unique. This implies that the way a Family Business transitions to the next generation also is unique. Although there are no ready-made or one-size-fits-all solutions, there are a lot of possible scenarios. There is a myriad of combinatorial possibilities, but no mathematics exists that can show you what the best choice is.
John and Annie
After the meetings ...
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