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Buzz Report: Consequences of Not Having a Succession Plan

If you own a business, or if you are a partner in a business, and you do not have an up-to-date succession plan, you have not maximized the value of the business, and you are risking catastrophic consequences for your family, your business and your future. Find out why death, disability and divorce are not the only things you need to consider.
If you own a business, or if you are a partner in a business, and you do not have an up-to-date succession plan, you have not maximized the value of the business, and you are risking catastrophic consequences for your family, your business and your future. Find out why death, disability and divorce are not the only things you need to consider.

Do you own a business?

Are you a partner in a business or firm?

Do you have an up-to-date (updated within the last five years) succession plan?

If you own, or are a partner in, a business and you do not have a current succession plan (exit plan), you are courting disaster!

If you have not reviewed your buy-sell agreement in the last seven to ten years, you very well might be jeopardizing your family’s future security!

If you believe you are too young to need a succession plan, I can only shake my head in disappointment.

If you believe the only events that could possibly cause you or your partner to want to dissolve your partnership are death or retirement, you are operating under the influence of mis-information.

If you are like most business owners and partners, you have invested at least ten hours a day in building your business.

If you are like most business owners and partners, your business investment represents 35 – 45% of your total net worth.

Are you really willing to risk all of that because you have not maximized the value of your business and created a succession (exit) plan that is documented and properly funded?

Download your complimentary copy of the Buzz Report: Consequences of Not Having a Succession Plan, by David Wolfskehl, President & CEO of The Succession Planning Group, a member of the DGW & Associates family of companies.

 

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