According to a 2023 survey of NFDA members, nearly half (45.9%) plan to retire within the next five years; however, less than a quarter (23.7%) say they have a succession plan in place. Just under one-third (29.8%) were fully confident in their business’ ability to withstand a major disruption. To help association members grow their business, acquire their first funeral home or begin planning their exit strategy, NFDA has endorsed Foresight and Johnson Consulting Group to provide business consultation and succession planning services. 

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