Legal considerations when transferring your business to a successor. | Ryan C. Young | Business Legal Planning | Richmond, Virginia Attorney
Business succession planning is a critical, but often overlooked, factor in companies having long-term viability. If you are the primary owner and officer of a business, having a successor is even more vital. According to a recent article in Entrepreneur Magazine, over 25 percent of family-owned businesses lack written succession plans. Even those owners facing their senior years, have yet...
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