PGwire - The Official Blog of Piccerelli, Gilstein and Company, LLP

Friday, December 4, 2009

The "Greatest Generation" Looks to the Future

 One of the most troublesome issues for a closely held business to deal with is succession planning and transfer of business interests. With the aging of the "greatest generation", those individuals who started businesses in the early 1950's are now looking for assistance in preserving and passing on the businesses that they have built.

For the reasons discussed in the Financial Advisor article, "Time Ripe for Family Business Transfers", the current state of the economy has given business owners some timely factors to accomplish these transfers. Business owners need to act now to achieve these advantages that the current economic climate has created.

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