Practice Quiz

Financial Planner

Category - Retirement Savings and Income Planning

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Most family business owners prefer to do what?
  1. Keep the business within the family
  2. Sell the business to a large corporation at retirement
  3. Close the business at retirement
  4. Sell the business to another small business owner at retirement
Explanation
Answer: A - About 66% of business owners want to keep their business in the family. Most do not want to sell the business to another portion or corporation.
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