Which is not a suggested tactic for owners in succession planning?
A) Ensure you are an irreplaceable aspect of the business
B) Get an evaluation of the firm
C) Start to prepare financial statements
D) Grow stable revenue
Correct Answer:
Verified
Q13: Two principles of success for family-owned businesses
Q14: Owners who have taken their small business
Q15: When going public, a business owner is
Q16: A common reason for selling a small
Q17: Which is not a step that should
Q19: An ESOP refers to an:
A) Earnings to
Q20: Owners who intend to sell their business
Q21: Many small businesses go into bankruptcy because:
A)
Q22: When it comes to debt obligations:
A) no
Q23: Bankruptcy is just a form of:
A) exiting
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