Monthly Archives: January 2020

There are many great resources (books, videos, blogs, etc.) out there that might be of additional assistance to you on this topic, but for our purposes we are going to try to keep this short to the main points.

Essentially a business succession plan is a pre-mapped plan for how your business should continue operating in the event of your retirement, incapacitation or death. Here are three reasons why creating a business succession plan is important: