Think of Business Succession Planning as a set of instructions. They are spelled out ahead of time with specific direction as to how the business will continue with out you. It outlines who will perform which tasks and what processes need to be followed. A well thought Business Succession Plan insures that client’s orders, payroll, even simply opening for a day of normal business continues during any kind of transition.
The end may be planned, like selling the company or retiring. However, there could even be an unforeseen event- sudden illness or accident. Whatever the reason, a plan needs to be in place to ensure your business and all the work you have put into it continue; even in times of transition.
The fact of the matter is every Succession Plan will be unique. That is why our Attorneys are trained to sit down with you and evaluate exactly what you need to put into your Succession Plan for it to be effective. Our Attorneys will draft your plan and include any other legal documents that may be required to ensure the plan is current and enforceable when the need arises.
We are always happy to answer your questions. Call us at 888-992-4952 or use the contact form below to get in touch.
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