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Succession Planning for your Alaska Business

Posted by Caitlin Shortell | Jan 02, 2023 | 0 Comments

Succession plans are normally connected with retirement, but they serve an essential role in the beginning of a business lifespan. Business owners expect their entities to last, especially after enduring the risk, work, and sacrifice of starting a company. However, if something unexpected happens to you or a co-owner, a properly written succession plan will help reduce headaches, cost, and drama. As the impact of an owner-exit grows, so does the need for a well-written succession plan.