When that time comes, choosing the right person to succeed you will help ensure the continued sustainability of your business. Explore tips on choosing a successor.
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A business succession plan can equip you and your familial firm with longevity and the assurance that future ownership is established in case of the unexpected.
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Business succession planning involves creating a plan for someone to own or run your business should you retire, become disabled or die. Click through for ideas on passing control to the next generation.
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When you're building a business, you might be focused on the here and now. But if you really want to succeed over time and set up a long-term business structure, you must imagine how the business will survive even after you're long gone. Click through to learn how you can think about the longevity and future of your business while working on it in the present.
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