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Business Succession Planning

What will happen to your business when you aren’t working at it anymore? Without succession planning, even businesses that have been successful can fail. Every year companies go out of business due to the disability or sudden death of a key person. The leader had the experience, motivation, and dedication to grow the business. Without proper succession planning, the future success of the business is left to chance once that leader is gone. Succession planning should be part of your overall business plan.