(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.
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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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.