Which is not a step that should be part of a succession plan that sells the business to an employee?
A) Find a way to fund the transition
B) Make yourself irreplaceable
C) Identify the timeframe and exit strategy
D) Choose the successor
Correct Answer:
Verified
Q12: If one tries to sell their business
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Q14: Owners who have taken their small business
Q15: When going public, a business owner is
Q16: A common reason for selling a small
Q18: Which is not a suggested tactic for
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
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