Succession Planning Across Generations

Boudreaux, H. Jude
June 2011
Journal of Financial Planning;Jun2011, Vol. 24 Issue 6, p50
Academic Journal
The article discusses some guidelines on succession planning to help prospective sellers and buyers of business in the U.S. The author states that transition of ownership can come over the course of several years before one's retirement. He encourages young planners to consider whether entrepreneurship is their goal. He states that success is possible in all situations as long as it is in the right time. He states that discussing the issue of buying or selling needs great trust on both sides and great openness.


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