What is a business succession plan?

502 points

Do you have a will? Have you thought about how you would take care of your family if something happened to you? Have you thought about retirement?

Well, you should get this same thought process into your business. If the unimaginable happens like a car wreck or catching the COVID-19 virus, how will your business continue? Who will open your store? Run payroll? Request supplies? Sellers pay? Staff management? Smart business owners know that a good business succession plan means that the company has a plan for when the unimaginable happens.

Not everything is so bleak though. The Brief Business Succession Plan puts your business in a great position to sell it later – which translates into a more prosperous retirement for you!

Join attorney Ian Alden and financial planner Nick Baker as they lead business owners through a virtual workshop detailing planning and financing a successful business succession plan.

The workshop is virtual and open to the public.

Date / time:

Part 1 3/8/21 12:00 pm 1:00 PM (MST)
Part 2 3/11/21 12:00 pm 1:00 PM (MST)

Fees: No fees

Register Here For each of the two-part workshop

Law 4 Small Business, Personal Computer (L4SB). A little bit of law now can save a lot later. a slingshot a company.

Christy Donahue

author: Christy Donahue

Christie is the Director of Marketing (CMO) for Slingshot, the parent company of Law 4 Small Business (L4SB). She holds an MBA with a Psychology undergraduate. Christie was previously senior vice president of Albuquerque Bank and now leads the marketing efforts of six legal brands of the Slingshot Group of Companies.

Like it? Share with your friends!

502 points


Your email address will not be published. Required fields are marked *