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Summary: At the National Association of Personal Financial Advisor’s conference in Chicago, a panel convened to discuss selling a business to a junior partner. Nearly every one of the 100 or so in the audience said they would like to buy or sell. The panel discussed their challenges and successes of internal succession.
 It is hard to let go of control. I was having dreams about the loss of control. Now I have gotten to point where I can see how I can scale back. Transitioning a business to a younger partner involved hard work and accommodations, but it was better than her default plan, which was to “fade out and die”Karen Folk, Bluestem Financial Advisors, LLC |
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