Business Law

Cory Krueger - July 02, 2018

Do You Have A Business Succession Plan?

Many people dream of owning their own business. The freedom that comes with being your own boss is exciting, and businesses – like other assets – can be passed down to heirs and beneficiaries. According to the Bureau of Labor Statistics, approximately 90% of American businesses are family owned. Despite the prevalence of family owned businesses, very few businesses survive being passed down to future generations.

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