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Tag Archives: Family business

3 Universal Requirements for a Successful Family-Business Transfer

Posted on May 18, 2020May 2, 2020 by Legacy HP

When we advisors think of family-business transfers, we tend to focus on family-specific challenges. Of course, some challenges are common to all successful owner exits. In this article we briefly look at three of these universal challenges, but from a family-business transfer perspective: 1) a capable successor, 2) a prepared business and 3) a ready owner.

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