Archive for the ‘Business Owner Succession’ Category
Business Owners Must Prepare for the Future…
“Business owners, who lie in bed at night worrying about the ‘what-ifs’, need to develop blueprints for their life,” says Irving Katz. Most business owners haven’t protected themselves or planned for the future because they’re so busy working in their business.В They are caught up in their day-to-day concerns and haven’t spent any time creating [...]
May 19, 2010
Tags: business owner, business trap, employees succession, key employees Posted in: Business Owner Succession 
No Comments
What IF I Die?
“In this world nothing is certain but death and taxes,” according to the famous words of Benjamin Franklin. That said, as a business owner, you should consider what will happen to your business if you die suddenly. You must prepare for the unexpected by communicating your wishes in writing regarding the future of your business [...]
February 18, 2010
Tags: business continuity, business owner, business survival, death, family, financial planning Posted in: Business Owner Succession One Comment
Business Succession is a 4-Step Process
Business owners often don’t want to think about the eventuality of their retirement, death or incapacity.В Even those who think a business succession plan is a good idea do not want to take the time to work out the details about who will run their business when they can no longer do so. In promoting [...]
February 10, 2010
Tags: business owners, business succession, buy-sell agreement, death, family income, liquidation of assets, planning, Retirement, valuation Posted in: Business Owner Succession No Comments
