Introduction Succession planning is a crucial aspect of growing a business and ensuring its long-term success. It involves strategically transferring leadership and ownership from one generation to the next or from one set of hands to another. In this article, we will delve into the art of business succession and explore the key steps and considerations involved in successfully transitioning your company to new leadership. We will also discuss the role of entrepreneurship in driving business growth and how it can be harnessed during the succession process. Understanding Business Succession Importance of business succession planning Business succession planning is vital …
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