“Theres been a dearth of buyers for small and medium sized businesses, which is why youve got to find creative ways to finance succession plans.”
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“A lot of the value thats built up in these businesses, goodwill, is often because the founder is an excellent salesperson or business leader.”
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“If you can find a buyer for the business, thats obviously a way to get your money at less risk.”
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“So the new growth going forward after the freeze takes place goes into the trust.”
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