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Often when people have a family business the desire to leave the daily functioning of business in the hands of the next generation is the ultimate goal. There are still many businesses in America which has been passed along form one generation to the next carrying on the family tradition.
Also in some cases the person who had started the business may not have a any family member wanting to take over the business, in that case again you need expert advice for Succession Planning. The expert accounting lawyers at Brylaw accounting know exactly how to deal with such situation and have helped many businesses make a smooth transition.