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In this video, the presenter discusses the importance of business succession planning to ensure that your hard work is not lost when you are no longer able to run your business. Only nine percent of business owners have a written plan, while thirty percent have an informal plan, and sixty percent have no plan at all. Not having a written plan is akin to having no plan at all. The presenter highlights the lack of business succession planning among business owners and emphasizes the need to address this crucial aspect of business ownership.