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Surety Considerations for Succession Planning in Construction - Sterling Risk Advisors - Insurance Brokerage, Risk Management

Surety Considerations for Succession Planning in Construction

Failure to develop a succession plan can result in the denial of bonds and loss of contracts for construction projects writes Sterling Risk Advisors’ Doug Rieder and Bennett Thrasher’s Thomas Jollay in the September/October edition of CFMA Building Profits. 

 

Even though most construction owners understand why they should develop a succession plan, taking steps to do so remains one of their greatest challenges.  After all, succession planning requires owners to address two uncomfortable truths: dealing with their own mortality and giving up their business.  Click below to see how to get started on a succession plan securing your company’s immediate and long-term future. 

 

CFMA Building Profits September/October Issue

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