Among all the things business owners have to keep track of, one often gets pushed aside until it becomes imminently necessary: a plan for how to transition out of the business.
Women started businesses at a record rate during the pandemic, and even those newbies should already be thinking about the endgame, said Amy Griman, global president of BMO Wealth Management’s family office.
“People don’t like to talk about their own demise, but it’s a fact of life that it’s going to happen,”…
