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Business planning will ensure the company's
long-term survival. This will enable a
company to be transferred from parent to
child, or from one person to another. Proper
planning will assist in painless transition
with nominal impact on business operations.
A company does not have a set life, thus
when a shareholder wishes to retire or dies,
the company does not need to. Transitional
plans will ensure employees and customers
are cared for during a change in ownership. |
