Why would creating and maintaining a succession plan be, Operation Management

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Why would creating and maintaining a succession plan be

Succession planning is often overlooked with all that the small business owner must do to be successful. Think of several small businesses such as a "mom & pop shop", or a small corporation (under 500 employees), or a professional partnership such as a small accounting firm. Why would creating and maintaining a succession plan be wise for each of these types of small businesses?

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