6 common mistakes in business continuation planning
Most business owners know they need one; however, I still meet with business owners weekly who do not have a formal business continuation plan in place.
Most business owners know they need one; however, I still meet with business owners weekly who do not have a formal business continuation plan in place.
While we all dream of happily ever after, various sources reveal that in the U.S. approximately 50 percent of first marriages, 64 percent of second marriages and 73 percent of third marriages will end in divorce. These staggering numbers highlight an issue that may be overlooked in the process – life insurance and beneficiary designations.
After the loss of a loved one, you may be faced with the overwhelming responsibility of making funeral arrangements, notifying friends and family and handling the estate. During that time, it is often very hard to think of all the things that need to be done and what questions to ask. Having a clear picture in advance can help alleviate additional stress.