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Summary: In this post, we will clarify the subtle but vastly important differences between succession planning and Exit Planning. Clarifying the meanings behind these concepts will allow you and your clients to examine and successfully implement The Seven Step Exit Planning Process™, which is critical to assure that your clients exit their businesses smoothly and successfully.
 The easiest way to remember the difference between succession planning and Exit Planning is to equate them to the cog and the machine. Both types of planning are compatible; in fact, succession planning plays an inherent role in Step Six of The Seven Step Exit Planning Process (Business Continuity).”John Brown, The Seven Step Exit |
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