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Valuation Often Affects Succession Plans in Hard-to-See Ways
Any business owner developing a succession plan should rightfully assume that regular business valuations are a must. When envisioning the valuation process, you’re likely to focus on its end result: a reasonable, defensible value estimate of your business as of a certain date. But lurking beneath this number is a variety of often hard-to-see issues. ...

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FAMILY BUSINESS GUMBO
“The advantage of growing up with siblings is that you become very good at fractions.” R. Brault THE FAMILY RECIPE Family businesses are the backbone of the United States economy - comprising 80 to 90 percent of all business enterprises, 64% of gross domestic product, 62% of employment and 78% of new job creation. By 2017, it is ...

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