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A team of professional advisers is not only a luxury but a necessity for family businesses. As Daryn Form pointed out in "The team approach to transition" (August, p. 12), accountants, lawyers, insurance brokers, financial planners, bankers and family counsellors are all sorely needed to help these businesses develop plans, arrange for financing and implement their plans.
Why, then, don't advisers collaborate more? Here are some of the reasons:
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