Posts tagged Business Continuity
Knowing When to Leave Your Business Behind

The Lark Quartet recently announced that after 34 years, it would disband at the end of its 2018/19 season. Business owners similarly may decide to sell, transfer, or close their businesses. Business owners, also, have different goals and motivations for these decisions. 

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You Won’t Live Forever, but Your Business May

Johann Sebastian Bach served in the courts of the nobility and for the church in Leipzig. He wrote his music to meet the needs of those who hired him. Little of his music was published during his lifetime, and he likely had little expectation that his music would survive him. Unlike Bach, most business owners expect that their businesses will survive them. Careful business succession planning can make the difference between a business becoming multi-generational family operation and failing after becoming mired in in-fighting or disputes among heirs.

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