Kirkpatrick & Hopes - Succession Planning Accountants

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I want to retire from my business, but there’s no one who is capable of running it. What should I do?

You may find potential successors in unexpected places – remember that the skills to run a business are very different to the technical skills by which employees are usually judged. If not, you can start looking to bring people in who can take over, with the promise of a stake in the business (which is an opportunity that is often very hard to come by).