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Transitioning Business Ownership
Transitioning business ownership can be a remarkable milestone where businesses can grow independently beyond the owner's personal involvement. Owners often move on to focus on teaching, their original passion, or retire and let the new owners handle the day-to-day operations. In certain cases, owners can continue involvement by focusing on community leadership while delegating tasks they dislike to the new management. This transition has become a valuable proposition for some sellers and allows them to focus on what they love doing.