With so many baby boomer business founders approaching retirement, there's a glut of businesses coming onto the market. Many will sell for less than their owners want, or not at all - a blow to retirement funding expectations. But there's another way: if the business is sound, why not keep trading and reaping the benefits? Erin Goffett, of HR specialists The Munro Group, says careful recruitment of a general manager may be the answer. A professionally-produced job description is the first step, to identify exactly what's needed. And it's crucial to appoint someone who's a good fit with the culture of the business - so the owner can step back and start to enjoy that well-earned retirement.
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