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Succession planning is often overlooked by business owners until they want to retire or, just dispose of the business. If you are one of those who have not planned for this inevitable eventuality you may find a host of problems that make your exit harder to achieve or less financially beneficial than it could be.
If you have a Business Plan this should include your exit strategy and a Management Succession Plan. This should be reviewed regularly to make sure that it takes account of changes in your business, The Just Business Service Centre can guide you through planning your exit strategy.