What would happen to your business if you or your business partner were no longer in the picture?
Our Business Succession Planning service facilitates discussions between two or more non-spousal business partners. The aim is to put in place an agreement that outlines what will happen to your business in the event of either a planned (retirement, resignation) or unplanned (death, serious illness) exit of one of the partners.
95% of business partnerships don’t have a succession plan in place and therefore have no protection for their business, which could impact on their home and personal assets as well.
BCV Financial Solutions offers a full succession planning service. We give partnership-based businesses protection, control and security in the event of illness, serious injury or death, delivering peace of mind to business owners and their families.
So whether you are a start up with two partners or an established business with multiple partners and staff, take some time to think about who would fill your shoes.
Contact Michelle Roberts at BCV Financial Solutions for a complimentary, one-hour, no obligation consultation to understand how you can mitigate business risk.