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August 2013
The Keys to Succession and Business Planning
by Jay Silverstein and Rick Boland
When someone mentions business succession to you, what questions typically come to mind? Do you wonder who will run the business, how much you could sell it for, how much tax you’ll owe, if you’ll be able to meet your financial needs or how you can treat your children fairly? Most winery and vineyard owners believe the answers to these questions are critically important to themselves and their families. So why do so many owners fail to develop and implement a succession plan well in...
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