Examlex
The official poverty line is a set dollar amount determined by each state, below which people must fall to become eligible to receive benefits and services.
Family Business
A business owned and controlled by members of a family.
Succession Plan
A plan for how a firm’s leadership transition and related financial matters will be handled.
Ownership Transfer
The legal process of transferring the title of property, assets, or business from one entity or individual to another.
Firm's Leadership
The individuals at the top of an organization who are responsible for setting strategic directions, making major decisions, and inspiring employees towards achieving corporate goals.
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