Resolve to Make a Business Succession Plan in 2013!
How much have you thought about business succession planning and who you will pass your business onto when you retire? The time is now to make a plan.
With the New Year upon us all, I am sure you are making short- and long-term plans when it comes to keeping on top the latest technology and equipment, keeping current customers happy and seeking out new business opportunities. Perhaps it’s also time to think about business succession planning. Who will you pass your business to when you retire? Have you made contingency plans in case of illness? Read here how one mold manufacturer consulted an expert to help him navigate the world of trusts and annuities so he could ensure the longevity of the shop his father passed down to him.