Business Continuity Planning

Byadmin

Business Continuity Planning

Of the different business forms, proprietorships and partnerships need business continuity planning most because unless there are well thought out plans, these businesses often die with the death of the owner(s).

Corporations are a separate legal entity and they survive the death of shareholders but there are many problems that can arise if there are no shareholders agreements or other business continuity plans. Financial losses are not the only consequence if there are no continuity plans. Relationships can be strained and even families can break up. Besides the well-known buy and sell agreement, there are other ways to ensure an efficient and successful continuity plan.

Please contact us if you are interested in any of the following:

• What are the likely business continuity problems that I a sole proprietor face?
• What are the likely business continuity problems that I a partner face?
• What are the likely business continuity problems that I, a shareholder, face?
• What is a buy and sell agreement and can it apply in my case?
• How do I value my business and how do I determine its potential future value
• What happens when my business breaks up for other reasons?
• What is a key-man policy and how can it help in my business continuity plan?
• How can I find a buyer for my share
• How can I get a good price?
• When should I plan for business continuity since I’m still young?

Feel free to fill up this inquiry form if you have further inquiries on our services.