Dale Smith opened his forklift dealership twenty years ago. Over the last five years he has been approached by several larger operations looking to buy him out. He had hoped to pass the business onto his sons, but they aren't interested in continuing the business and he is having a hard time letting go. This is an example of the exit barrier known as emotional attachment.

Question

Quizplus · Accepted Answer

The scenario describes how emotional attachment is serving as an exit barrier for Dale Smith, who is having a hard time letting go of his business even though he has been approached by potential buyers.

Dale Smith Opened His Forklift Dealership Twenty Years Ago