The Fukuoka Chamber of Commerce and Industry revealed the results of its survey that shows roughly 40% of the people in charge of small and medium-sized businesses in the prefecture haven’t given a thought to possible successors. In contrast, 44% say they have considered the problem, while 14% said they are thinking of shutting down the company when they retire. The Chamber of Commerce is calling on companies to prepare for a handover and train successors ten years in advance.
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- Not Thinking of Successors, Say 40% of Fukuoka Small Business Owner