Byusnewsr1-

Nov 13, 2022

Why business owners need a backup succession plan

Why business owners need a backup succession plan

Last week, my co-columnist, Teri Parker, reviewed the general options for business succession planning.
Even the best-laid plans need a backup plan. In the event you become incapacitated or die before your succession plan (if you even have one) is implemented, what then?
Be sure you’ve coordinated your estate plan and other agreements, where appropriate, with your business succession plan.
Your…

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