Once a business owner transfers power and control to her successor,she should not hesitate to step back into the business to fix problems when they occur.

Question

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Once power and control have been transferred, it is important for the former business owner to allow the new successor to make decisions and handle any issues that arise. Constantly stepping back into the business can undermine the successor's authority and create confusion among employees and customers. It is important for the former owner to trust in the successor's abilities and only provide assistance or guidance when necessary.

Once a Business Owner Transfers Power and Control to Her