Business Succession Planning
Business succession planning is how a business is going to remain successful in the future through proper, strategic planning for the eventual change of ownership. Spangler and de Stefano, PLLP helps business owners prepare for the future change of ownership through the use of business succession planning. Business succession planning usually comes up in two different ways. First, as part of a business owner’s preplanning for distribution of their assets upon death. Second, when a business owner decides that it is time to retire. It is wise to start the process of business succession planning at least five years from when...
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