Tuesday, January 22, 2019

Why PNC Bank is focusing on business succession plans for its clients

There's a large gap for business owners when it comes to planning for a company's next generation of leaders. About 75% of business owners who have between 20 to 500 employees do not have a succession plan in place, according to research from PNC Financial Services Group Inc. (NYSE: PNC). The lack of planning means 90% of families will lose their wealth by the third generation, PNC says. There are more than 5,600 companies in Charlotte that fall within this particular size bracket. That's part…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/01/22/why-pnc-bank-is-focusing-on-business-succession.html?ana=RSS&s=article_search

No comments:

Post a Comment