It's Your Life
Most business owners spend a lifetime building a business without really considering what will happen when they are not there to run it. Some have put together buy-sell agreements on the advice of their corporate attorney, who often just pulls it from a form book without giving much thought to what the business owners really want to have happen. Or, the owners do nothing — just let the chips fall where they may.
When designing a business succession plan, you need to consider carefully, for each owner, what should happen to their share if they die, become ...read more