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Cape Town - In the life of a business, there comes a time when person running it wishes to hand over the reins.

But it can be difficult to designate a successor to take over the business if they haven’t been trained with the relevant skills they need.

If the person at the top is the person holding all the knowledge, if they then want to leave the company -  whether by leaving someone else in charge or by selling it – it’s not always easily done if they are the business.

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