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Tag Archives: Succession planning
Family Businesses Are Now Less Likely to be Passed on to the Next Generation
The most surprising result of the survey is that among family-owned businesses contemplating a transfer of ownership within the next five years, only about half of the owners plan to pass the business on to the next generation of the family. This is down from 74 percent two years ago and is the lowest percentage in 17 years. Continue reading →
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