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Kiplinger
Kiplinger
Business
Mark Valentino

To My Small Business: Well, I've Been Afraid of Changin', 'Cause I've Built My Life Around You

An older woman and her adult daughter smile as they discuss business issues in the older woman's office.

The aging of the American population continues to accelerate, and more small and midsize business owners are wondering: What do I do with my life’s work when I retire?

Many business owners reaching retirement age are considering handing off their business to the next generation, whether a family member, a colleague or an outside interest.

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