Succession Planning for Small Businesses: Sustaining Your Legacy and the Importance of Planning
Small business owners, consumed by the day-to-day operations of their business, often fail to adequately plan for the future. However, succession planning will help secure the financial success of the business. Clear strategies and expert guidance can help small business owners retain their legacy and ensure a secure retirement. Remember, succession planning is not a one-stop process. It is something that should be evaluated and updated continuously, as your business, family, and circumstances change.
The entire Corp! Magazine article, by Kerr Russell’s Ashley Racette, can be found HERE on page seven.
Other posts to consider:
- Kerr Russell Attorneys Present and MICPA
- Kerr Russell Attorneys Prevail in Arbitration Defeating a $48 Million Claim
- Royalty Income is Subject to Self Employment Tax
AttorneysAshley E. Racette