We never want to consider the loss of a family member, much less anything happening to us as a business owner.
Unfortunately, when the unexpected happens, and the proper planning has not been done, the family and the business are left scrambling. Even though everything may seem like it’s going well now, it’s imperative to take control of the unexpected by planning for it before it happens.
What should you do to prepare?
Click the following link to read Kendall Rawls’ article on the Multi Unit Franchising website titled: Are Your Prepared for the Unexpected?
Read the article and then contact us to get some insights on your own scenario. Even if it isn’t the right time for us to work together, 15 minutes with us may give you insight into how to overcome your challenges. Contact Us
Personal Financial Planning
Estate planning is a critical component of Personal Financial Planning, along with exit strategy, financial security and credit continuity. As your business and family changes, it is essential to document, review, update your estate plans to preclude family disagreements and disruptions in business operations.
Click the following link for more drill down resources on Personal Financial Planning.
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