Exit plans


  • By Mark Gordon
  • | 10:00 a.m. April 22, 2016
  • | 0 Free Articles Remaining!
  • Strategies
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Retired entrepreneur Martin Newby, 75, who founded what's now a 200-employee niche property management company, has a stock line when people ask him about succession planning: “If you don't have a succession plan,” says Newby, “your widow and her lawyer will have a plan a week later.”

 

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