Next In Line: The Advantage Of Business Succession Planning

Exiting the business isn?t something most entrepreneurs think about. Yet having a succession plan is essential for anyone who wants to realize the full value of their business. In fact, without a formal succession or transition plan, a closely held business risks not only its longevity, but also its bottom line. Recent data proves the point: While 80 to 90 percent of U.S. businesses are family ...