A Look at Internal Succession
Ah, retirement. It’s a bittersweet word for longtime business owners to think about. But how do owners leave a business they’ve dedicated decades to? Internal succession, selling to an employee, is one popular route.
Ah, retirement. It’s a bittersweet word for longtime business owners to think about. But how do owners leave a business they’ve dedicated decades to? Internal succession, selling to an employee, is one popular route.
None of us became business owners so we could keep books and read financial statements. Nevertheless, both are critical to running a successful business. We can’t even approach our full potential without them.