Owner Dependence Is a Large Issue

Privately-held businesses are often centered around the owners who build them. These owners are not only active participants in the company, they also hold onto critical decision-making processes in the business. As a result, if / when the owner is not available to continue working in their business, the business suffers, and perhaps fails, in their absence. The logical extension of this process is that businesses with a high level of owner dependence can be

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