Will your business survive beyond you?
- What happens to your business in the future
- What happens if you get hit by a bus
- Can your business survive
- Do you have a plan
- We need to plan for the potential issues
- Death or temporary issues
- Who will run the show
- Your family? Others? Is your family protected?
- Think your plan through
- Find the right people
- What’s in it for them? Long term stake?
- Put controls in place to monitor
- Write a formal plan
- Consult with your attorney
- Update is regularly
- Consider insurance
- Find the right people