Many flourishing businesses do not survive; only one-third succeed in the second generation. The key is planning early to avoid conflicts between heirs and surviving owners (and provide sufficient funding). Business owners must rely on a team of tax, legal and financial professionals to plan for ownership succession; put funded buy-sell arrangements in place; and implement insurance-based techniques to attract, retain and reward key management. Learn more at this upcoming webinar event on August 10th!
8/10 – Business Planning
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The Chamber works to advocate, educate, connect and promote African Americans and other minorities regarding opportunities for entrepreneurship and business enterprise.
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