Secret to solving business succession problems

Secret to solving business succession problems

There are three very important steps to take to have a well-thought-out succession plan. Each shareholder — for the purpose of SP — is treated as owning 100% of his/her shares of the company. Draft a buy/sell agreement. Create a special plan for certain shareholders.

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Sooner or later, every business — whether guided by a well-thought-out plan or forced by circumstances — must replace its leader. Succession Planning (SP) is the nam

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