SaxBST Employee Sets Sights on New Personal Best at This Year’s 4 Miler at Garret Mountain

Succession Planning is Key for Today’s Small Business Owners

NEW YORK CITY, N.Y., June 25, 2014 – While most small business owners understand the importance of succession planning, very few develop a solid strategy for transition when the time comes to retire, sell or turn over control of a company, according to the financial experts at SaxBST, one of the nation’s top 100 accounting firms. Implementing an effective succession plan gives business owners a voice in the future of their company, minimizes estate taxes and expenses, and ensures the survival of a family business from one generation to the next.