Sooner or later, you must pass on your business or wind it up. If nothing else, illness, death or old age will eventually force your hand. But most owner managers...
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Many owner managers include senior employees in their succession plan, either because of previous commitments, because they feel the employees “deserve” the opportunity, because the represent the best possible buyers,...
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One recent survey confirmed that a majority of owner managers intend to pass the business on to their children, but less than 30% have a succession plan. It is also...
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Exit planning is a broad and complex topic. The right plan depends on the business and the needs and wants of the owner manager. You need to take the time...
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Everyone Plans to Do It, but Hardly Anyone Has a Plan There have been some recent interesting surveys of owner managers on their intentions and succession planning. The numbers for...
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