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August 14, 2017

What's next? Who's next? Some tips on creating a succession plan for your firm

  • Succession planning should be a priority, but it's often on the back burner — probably because it means dealing with the possibility of being incapacitated or dying.
  • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — Jessica Sayles is thinking about who might take over for her when she retires at age 55 from the accounting firm where she is managing partner — even though that's still 21 years away.

    “I feel that a good portion of my job is to find my successor,” says Sayles, who hopes to teach a younger associate to manage Las Vegas-based Houldsworth, Russo & Co.


     
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