The entrepreneur's succession plan should not be made known to the children until the entrepreneur is ready to retire.

Name: The entrepreneur's succession plan should not be made known to the children until the entrepreneur is ready to retire.
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It is generally advisable for an entrepreneur to communicate their succession plan to their children well in advance to ensure a smooth transition, address any concerns, and prepare them for future responsibilities.

The Entrepreneur's Succession Plan Should Not Be Made Known to the Children