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Why Succession Planning is Important

March 18, 2024
Discover why succession planning is crucial for business continuity and peace of mind. Learn about key methods for transferring ownership and how Aegis Trust Company can guide you through the process.

Succession planning is vital for business continuity, ensuring a smooth transition of ownership. This article emphasizes the importance of succession planning from both operational and emotional perspectives. It outlines various methods of transferring ownership, including sale to an ESOP, strategic buyer, financial buyer, or family/shareholders. Aegis Trust Company provides expert guidance on ESOPs and succession planning.

 

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