Family Business Succession Planning: What You Need to Know

Succession planning is one of the most emotional and challenging aspects of running a family business. Family business succession planning requires owners to look to the past and the future, be honest with themselves about their successor options, and open doors of communication that have been left firmly closed until now. Through it all, they…

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Why Succession Planning is Important

Business succession planning is a crucial, but often overlooked, element of business ownership. Many business owners are so focused on growth and maintaining company success that they never have time to consider what will happen to the business after they leave or retire until the time comes. While successful transitions can and do occur with…

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