Want to sell your freight forwarder? Start five years before you want to leave

AI Summary

European logistics entrepreneurs face challenges with succession planning as fewer heirs are interested in taking over family freight forwarding businesses. Industry experts advise starting the sale process at least five years in advance to prepare for a smooth transition.

This succession series began with a simple observation: plenty of European logistics entrepreneurs are getting older, while rather fewer sons and daughters seem interested in taking over the family forwarder. The post Want to sell your freight forwarder? Start five years before you want to leave appeared first on The Loadstar.