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Baby boomer business owners will be retiring in droves over the next decade, and whether an owner wants to pass on the business to a family member or sell to key employees or a third party, the process will be much easier with some planning. After all, three-quarters of owners have never tried to exit a business, according to a 2014 survey of North American business owners by the Business Enterprise Institute (BEI). Mapping out an exit makes it more likely for business owners to avoid unnecessa...
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