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A business succession plan establishes a framework for the future transfer of ownership and control of your business to a chosen successor(s) - for example, family, business partner or outside third party. This involves professionals like your lawyer, accountant and financial advisors. With the help of these professionals, a comprehensive business succession plan can be established.

Business succession plan created will help you:

  • Protect your business legacy
  • Maintain a service for your community
  • Cope with unforeseen events (illness, accident or death)
  • Prepare for the future
  • Build value for your business
  • Provide financial security for your family and your stakeholders
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