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Small-Business Surveys: Succession Plans, the Florida Boom, and the Minimum-Wage Increase Lie
In several recent surveys, results show that only 27% of owners have a fully laid-out plan to pass a family-owned business to the next generation, while in another, small-business owners said minimum-wage increases have little negative impact on their operations. Gene Marks shares insights such as being upfront and getting all succession plans in writing. On the minimum wage topic, he has some doubts and shares his reasons on this week’s podcast.
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The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting…
The skinny
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