Why did I do an article on SUCCESSION AND SUSTAINABILITY PLANNING?

A recent article by Doug Hepburn, CPA, PFS, CFP, says “…7 million companies owned by Boomers and 10,000 Americans turning 65 every day, the volume of small businesses changing hands is expected to achieve historic proportions.” Fall 2012 PA CPA JOURNAL.

We need to talk about how these companies are going to keep surviving.  Are they going to stay at their current size with internal management buying the company or are they going to be purchased by large firms?

I would like to see growing small businesses stay in our area.  The one way I feel I can help in this area is to educate whoever wants to learn and whoever will listen about sustaining the company in the future.

Please read my article in Lehigh Valley Business Journal  http://www.lvb.com/article/20120928/LVB01/120929908/0/SEARCH?highlight=pandaleon

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