Taking Care of Business

Posted by CareersNJobs under Finance
From http://www.americanbusinessmag.com 4186 days ago
Made Hot by: Fulcrum on November 10, 2012 5:14 am

Before writing a succession plan off as just another tough decision, consider this: While 81 percent of family owned businesses want the business to stay in the family, studies have shown that without a succession plan in place, 70 percent of family businesses don’t survive to the second generation.

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Comments

Written by bigmoneyweb
4186 days ago

Taking care of businesses are every important no matter how small or big uur business is. Thanks for sharing.

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Written by HeatherStone
4186 days ago

Planning for succession is probably something most business owners don't want to think about, but having built a successful business, it's nice to know that business will live on (assuming, of course, there is someone who wants to carry on the tradition.) Planning for the business's survival once you're out of the picture, is one easy way to assure this.

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