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business succession planning 3

https://charlie-wiki.win/index.php/How_Social_Security_Planning_Fits_Into_a_Broader_Financial_Strategy

Business succession planning is about preparing for the future by identifying and developing new leaders who can take over when current owners or key executives retire, step down, or pass away. It involves legal, financial, and operational steps to ensure a smooth transition, protect the business's value, and maintain stability for employees and stakeholders.