Business succession planning stands as a critical strategy for ensuring the seamless transition of ownership and management in a business. It not only safeguards the future of the enterprise but also secures the financial stability and legacy of the owner’s family. The importance of succession planning cannot be overstated, especially for small and family-owned businesses, where the personal and professional are deeply intertwined. At its core, this planning process prepares a business to navigate potential uncertainties, from unexpected leadership changes to the eventual retirement of the owner. Enter the business…
The Role of a Business Succession Planning Attorney
