June 17, 2021

Dinesh Hasija, Ph.D. (photo courtesy of AU Hull College of Business) Like many U.S. cities, Augusta is experiencing an aging population. This trend impacts local businesses in several ways, from hiring a qualified workforce to business owners’ succession planning. This article will focus on how business owners can successfully navigate their succession planning. Retirement can be an emotional stage for business owners who have built a socio-economic wealth throughout their time. However, when business owners are planning their retirement, the majority of focus is on economic wealth, and less on