How to Create a Business Succession Plan: A Guide to Getting Started

(StatePoint) For many business owners, succession planning is often pushed aside by day-to-day demands. But having a clear plan for what happens to your business once you’re ready to step back is one of the most important ways to protect what you’ve built.ping

PNC’s Business Owner Wealth Insights Report shows that nearly 70% of owners agree planning for the future is important, but 1 in 3 have not yet formalized their succession plan. One of the biggest barriers: its perceived complexity.

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