Business continuity planning focuses on preserving and protecting a business from an unexpected “triggering” event that interrupts ownership structure and/or business operations.
While unpleasant to think about, in the event of an owner's death and/or disability, it is critical to be prepared.
A comprehensive plan should address four primary issues:
- Continuity of Business Ownership – Buy Sell Agreements or Shareholder Agreements
- Company’s Loss of Financial Resources
- Loss of Key Talent and
- Loss of Employees and Customers – Stay Bonus
EPS, LLC offers sophisticated expertise in the design, funding, tax implications and structure of planning tools available to business owners.