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Successful Succession
Date:  06/05/2004 Location: Devonshire Hotel, Glasgow
Chairman: Mr  Ken McCracken
Speaker: Mr  Tim Allan  Mr  Michael  Urquhart          

You cannot go on running your business forever and management and ownership succession must be planned well in advance.  However, a recent survey of Scottish firms planning a succession in the next ten years revealed that 90% did not have a documented succession plan.  Given the unique convergence of both practical business and emotional ownership and family issues, this is a crucial aspect for survival of any business. 

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