Newsletters
Licensed and registered to do business in Texas.
Business Continuation
If you're like most business owners, ownership of your business has provided you with the opportunity to build an asset of considerable value … an asset that also generates a stream of income upon which your lifestyle and that of your family is dependent.
BUT … Have you ever considered what impact your death or disability would have on the value of your business, and on the stream of income upon which you and your family depend?
CONSIDER THIS …
If you had died or become disabled yesterday, who would own and operate your business today?
Would your business be in a position to continue an income to your family in the event of your death?
Would your estate have sufficient liquid assets to pay estate taxes and other estate settlement costs?
Without advanced planning, the facts are:
- A small business may be forced to liquidate at an owner’s death or disability; or
- The business may have to be sold, often at a greatly diminished value.
The VDR Smarter Solution:THREE BUSINESS CONTINUATION OPTIONS TO CONSIDER
- Retain the Business for the Family.
- Sell the business to Co-Owners, to an Employee, or to an Outsider.
- Liquidate the Business on a Planned Basis
The objective of business continuation planning is to assist you in evaluating which of these alternatives is most suitable for your situation and to help you provide the funds that will be needed to assure that your business continuation goals become a reality.
You are most welcome to click on the Needs Analysis link and forward your information to us or call us at 979-836-5636 and we will set up a time to meet and discuss your business continuation needs.