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What are the ways of making a business live longer after the owner's death.
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[QUOTE="btaliat, post: 110505, member: 26390"] While others were felecitating and making merry during my boss, an owner of a school, birthday, I was indifferent. I was busy staring at her head that have all covered with grey hair symbolizing old age. I was not wondering about the old age but the school that she is running. No sign of preparedness for the continuty of the school. Her two children refused to work in school. This has been the plight of many business owners. They don't really prepare for the future of the business especially after their demise. Business owners should therefore try to make their children fall in love with the works they do. This will enhance the continuity of the business after the demise of the parents. Another option to make a business lives longer even after the demise of the owner is to make it open to share holders. Shareholders can still continue to be running the business and the owner may be the chairman of the board. Which other way you think can make a business love long even after the owner's death. [/QUOTE]
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What are the ways of making a business live longer after the owner's death.
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