You and your partner(s) have worked countless hours developing and nurturing the business. You’ve seen it grow from an idea into a valuable concern.

But what happens in the event that a key shareholder dies, becomes disabled, retires or resigns?

Could your business survive?

Who will take his/her place and will the other shareholders want to work with the successor?

Will the business be sold and how much is it worth?

What will happen to the shareholding of the person leaving the company?

Does the business have sufficient funds to operate in the meantime or to enable the changes that need to be implemented?

Having answers to these questions is critical if your business is to survive, which is precisely what a succession plan does.

The fact is that without a succession plan, small business owners can work their entire life building a valuable business yet are only able to capture a fraction of that value in the event of a shareholder death, disability, retirement or resignation.

Dont take the chance of trying to sort out these questions after the fact. Fill out the form below to learn about LIFE-TIME Financial’s free business succession plan offer.

Business Succession Contact Form:

Name:

What type of business structure do you operate?---Sole TraderPartnershipLimited Company

Do you have a written agreement with your partners or co-shareholders which would provide for a certain and predictable outcome in the event of a shareholder or partner’s death or long term disability?

 Yes No

If so, does your business have sufficient and properly worded insurance to provide the funding?

 Yes No

Do you have an exit strategy in place that will enable you to leave or sell your share of the Business at a time of your choosing?

 Yes No

Preferred method of contact:

---Home PhoneBusiness PhoneMobile PhoneEmail Address

Contact number or email address: