
S1-E11: Succession Planning
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It is estimated that almost 50 percent of companies have no plan for if the primary business owner and operator steps away from the business. Business owners should have a plan for when they retire, move on to other ventures, or pass away unexpectedly. These plans are extremely important to ensure that the business can continue, be passed on to someone else, or possibly sold. Protect the economic value of your small business by planning. Jason shares tips to accomplish the important steps needed to develop a business succession plan that works for everyone.
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