DOWNLOAD: July 2024 Business Succession Planning

UPDATED July 2024

If you are a business owner, succession planning and insurance are important. Business succession planning is simply the process of planning for what you want to happen if you (or your co-owner, if you have one) were to die or fall seriously ill.

If this happens, family and business partners can be left in a complex situation. In some instances, the business ends up in the wrong hands, or in worst cases can fail. These situations can befall sole traders, partners and shareholders in limited companies, although they can all be avoided with sensible business succession planning.

Please note that all scenarios and examples included in this guide are fictitious.

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