Family-owned businesses are the backbone of the American economy. Family-owned businesses account for 64 percent of U.S. gross domestic product, generate 62 percent of the country’s employment, comprise 90 percent of all business enterprises in North America and account for 78 percent of all new job creation.1 Your family-owned business supports your family and is an integral part of the United States economy so, how will you plan for the succession of your business?
Have you considered which of the following might trigger your retirement: age, an interested and involved younger generation, personal financial benchmark or perhaps a company financial
Continue Reading A succession plan for your family-owned business













