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FINANCIAL ADVICE

Why You Need A Succession Plan For Your Business

By The BIDaWIZ Team on July 30th, 2014 at 1:17 am

small-business-succession-planning
The fate of many small businesses often lies in the hands of only a small number of individuals. Despite this fact, many owners do not have a succession plan. This is also troubling given that recent census bureau data suggests that a third of small business owners are 55 or older and about a quarter are family-owned. How should you be thinking about succession planning for your business before it is too late? .
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