Protect the future of your small business after your retirement, disability or death by putting a Business Succession Plan in place.
- Have you given any thought to what will happen to your small business when you are no longer able - or willing - to run it?
- Do you plan to hand it your business over to your kids? Or sell it to a partner or an employee?
- If you have partners, how will a partner's share be disposed of if he/she was to die suddenly?
Succession planning is essential for ensuring continuity for the business, creating a buffer zone to help deal with unexpected events, and providing financial security for the owners.