Why did you become an agricultural aviator? Chances are it wasn’t because you wanted to be a business owner. It was probably because you wanted to be up in the air. And never land.
But as time has flown by, reality probably has been settling in. Whether you’re
a Baby Boomer owner/operator in your 50s or 60s considering retirement
or a gen-X/Millennial ag pilot in your 20s, 30s or maybe 40s seeking career
advancement, there are business decisions on the horizon that may be coming
into focus. given the increased demands of today’s competitive marketplace,
coupled with the inherent challenges of our multi-generational workforce,
how you navigate the transition to buy or sell your business will determine
not only your success in moving up or out but also your ability to maintain
continuity for your business and your customers. in this article, we discuss
the complex but critical aspects of succession planning in the hopes of better
positioning you to establish a sound flight plan for your future.
Time to Lan