What Business Owners Should Consider When Crafting a Succession Plan

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For many business owners, their business is their largest asset. In many privately-owned businesses, the owner is the business—meaning it’s important they ensure the business can run without them in the picture and they take steps to move the business in that direction prior to their exit.

When developing a succession plan and exit strategy from their company, business owners should keep a few things in mind—especially when consulting with an outside expert.

Download this guide for what to consider when crafting your exit strategy.

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The views expressed by the author are not necessarily those of Fifth Third Bank and are solely the opinions of the author. This article is for informational purposes only. It does not constitute the rendering of legal, accounting, or other professional services by Fifth Third Bank or any of their subsidiaries or affiliates, and are provided without any warranty whatsoever.