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Every business owner’s succession plan will be unique to their own situation. For those who are selling the business, it is usually the largest and most challenging financial transaction of their life. Most owners will only sell a business once, so unfamiliarity with the process could lead to critical mistakes during the sale. Selling a business is emotionally and technically challenging and the business owner must follow a defined process – a succession planning roadmap.
This is part 5 of the 6-part series on business owners 5 (2020)
Part 1
Business owners invest so much into their businesses – emotionally, …
Part 2
Whether you’re a new start-up business or a mature company looking t…
Part 3
Raising capital is one of the most important aspects of starting and build…
Part 4
A shareholders’ agreement sets out the rights and obligations of the share…
Part 5
Every business owner’s succession plan will be unique to their own s…
Part 6
As a business owner, you’ve worked hard to build a successful business, an…
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