Business Continuity Planning

Whenever there is a death of a business owner, many things happen.  The decease’s heirs are concerned for their financial future, employees are worried about their job stability, lenders may be hesitant to extend or continue credit.  Customers might be wondering how the business is going to change without that owner, and competitors see opportunities to increase their market share, or even seek to purchase the business at a huge discount.  All of these concerns can be addressed with a written and funded agreement outlining what is to happen at the death of that owner.  It puts everyone involved at ease knowing there is a plan in place and the money to carry out that plan.  We can help you develop the plan which best provides the solutions to the issues you identify.