Passing a family business to the next generation is an exciting yet stressful time. Business owner and finance expert Anthony Cavaluzzi recently offered his top tips for succession planning. What Is Succession Planning? Succession planning is necessary when passing a business from its current owners to the next. The organization must create a plan of action for the business and possible position openings. The goal is to have the right people in the positions necessary to keep the business moving toward success. Passing a Business to the Next Generation Succession…
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