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Financial Planner

Category - Retirement Savings and Income Planning

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What percentage of all North American business enterprises are estimated to be family-owned?

10-20%
40-50%
60-70%
80-90%

Explanation

Answer: D - Many family business owners ask how to pass on a business to family members when they pass away. It is estimated that, of North American businesses, 80-90% are family owned.

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