How can you ensure generational continuity and effective succession in family businesses? - This was the focus of our recent meeting with members of the BOOM Club.

Ewelina Grzelak from PwC Poland, a leading expert in developing innovative succession strategies for family businesses, along with Ivan Mishev and Vasko Sotkaroski from PwC Macedonia and Ilcho Lazareski from the Macedonian Stock Exchange, provided valuable insights for building sustainable, multigenerational family enterprises. 

The discussion covered:

• Succession planning in family businesses, aligning intergenerational visions, and engaging broader family members in decision-making processes.
• Legal frameworks for succession planning within the Macedonian legal system.
• Exploring how going public can address succession challenges in family companies.

Around twenty local companies from diverse sectors are part of the BOOM Club (the Stock Exchange and the Successful companies in Macedonia), which aims to strategically support domestic businesses for long-term sustainable growth. The club facilitates knowledge sharing and networking among members, organizers, partners, and relevant regional entities. The event also welcomed founders and heirs from some of the most successful family businesses in North Macedonia.