Business succession planning is one of the most important - and most overlooked - tasks that a business owner should incorporate into creating his or her business plan. One CPA that I work with will advise his clients to have an exit strategy in mind from the outset. Far too often, businesses fail to survive the death of the founder because of the business owner's failure to undertake this important plan. Business succession planning can involve some complex issues. It takes forethought and planning to ensure that the business owner has the processes in place by which the business can continue to operate after the owner steps down, dies or becomes disabled.
展开▼
