Businesses evolve. Sometimes they grow, sometimes they shift, and sometimes they wrap up. This course walks you through advance planning for the “what comes next,” whether that’s a sale, a transfer, or a graceful, compliant shutdown because you chose to retire… or because you became permanently incapacitated or died and your loved ones need to shut your business down for you. This course is a must-do for all small business owners!
This course includes one video lesson explaining the difference between succession and closure planning and the importance of each to your business. This course includes two fully-editable templates in Word format. The first is a Business Succession Plan template. The second is a Business Closure Plan template. Both provide critical information that will be needed for a transfer or closure of the business – particularly if you aren’t around or aren’t able to help with what needs to be done when the time comes.