While a Large Percentage of Business Founders Plan to Pass

Multiple Choice

While a large percentage of business founders plan to pass on their businesses,few create management succession plans because:

A) they don't know how to do it.
B) they are reluctant to let go of the business.
C) they can't afford the attorneys' and accountants' fees.
D) they don't feel they need one because they know which child will assume management of the business.